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Quant Fund
Top asset management team helps you profit without hassle
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GUSD Minting
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20 USDT
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March 12th brought breaking news—Abu Dhabi's sovereign wealth fund MGX announced a $2 billion investment in Binance. What does the completion of this deal signify? Let's take a look at the details.
The continuous influx of Middle Eastern capital is changing the landscape of the global crypto market. As Abu Dhabi's sovereign wealth fund, MGX represents national-level recognition of the Web3 ecosystem. This investment is not just about the numbers; it also reflects traditional financial institutions' re-evaluation of the core value of exchanges.
Meanwhile, the Asian market is also experiencing multiple changes—stricter regulatory attitudes, frequent exchange mergers and acquisitions, and new licensed institutions accelerating their布局. From Upbit's acquisition to HashKey's IPO movements, market participants are readjusting their strategies. Who is riding the wave in this wave of financing? Who is facing pressure? These questions are worth paying attention to.