The New York Times: Binance was valued at US$75 billion when it received MGX’s investment in early 2025

BlockBeats news, on October 4, according to the New York Times, a person familiar with the matter revealed that Abu Dhabi’s investment group MGX agreed to invest US$2 billion in Binance in early 2025, valuing Binance at US$75 billion.

MGX believes that Binance is the ideal bridge between cryptocurrencies and artificial intelligence - a high-tech money transfer service that may in the future enable automated artificial intelligence "agents" to make payments on behalf of real users.