New York Times: Binance Valued at $75 Billion as MGX Invests in Early 2025

According to a report by The New York Times, a person familiar with the matter revealed that Abu Dhabi-based investment group MGX agreed to invest $2 billion in Binance in early 2025, valuing the exchange at $75 billion.

MGX views Binance as an ideal bridge connecting cryptocurrency and artificial intelligence—a high-tech money transfer service that could in the future enable automated AI "agents" to make payments on behalf of real users.