Big news in the world of cryptocurrency! A company called MGX gave Binance, a huge cryptocurrency trading site, a whopping $2 billion! That's a record-breaking amount for the crypto world, and it was paid using special, steady-value crypto coins called stablecoins. This is super exciting for the future of digital money!
- MGX invested $2 billion in Binance.
- This is the biggest investment ever in a cryptocurrency company.
- The money was paid using stablecoins (crypto that stays at a similar value).
- Both companies want to make the digital money world better and safer.
| Fact | Number |
|---|---|
| Investment Amount | $2 billion |
| Binance Users | Over 260 million |
| Binance Employees (Global) | ~5,000 |
| Binance Trading Volume | Over $100 trillion |
