"MGX" and"Pinns" They invest $ 2 billion in cryptocurrencies "Stable"

Abu Dhabi, March 12 / WAM / Bings, the largest platform for cryptocurrency in the world, and MGX, the leading Emirati company in investment in the field of artificial intelligence and advanced technologies, announced an investment of $ 2 billion in cryptocurrencies “stable currency”.

This investment is the largest of its kind in the encrypted currency sector, and it is the first institutional investment in the history of “Bennes”, which constitutes a pivotal step in promoting the adoption of digital assets and consolidating the role of blockchain technology in the future of global financing and technology.

This investment also represents the entry of “MGX” to the blockchain sector and cryptocurrencies for the first time, as it acquired a minority stake in “Bings” as part of its strategy to support the transformational capabilities of the blockchain.

Through this partnership with one of the most prominent players in the sector, MGX seeks to push the wheel of innovation in emerging technologies, including artificial intelligence and digital economies based on “Containage”.

“Bings” establishes its presence in the United Arab Emirates, which is distinguished by its leadership in innovation, its environment in support of the encrypted currencies, and its clear organizational framework, where “Bennes” currently employs about 1,000 employees out of a total of approximately 5,000 employees globally in the Emirates, which reflects its increasing commitment to the region.

Bings lead the cryptocurrency sector thanks to its position as the most secure, organized and reliable platforms, superior to a large difference in trading volume, which exceeds the total sizes of many competitive platforms.

The platform has more than 260 million registered users and the cumulative trading volume exceeds 100 trillion dollars. This investment enhances the position of “Bennes” as a leading company in the development of the encrypted currency sector, and confirms the commitment of “MGX” to support the future of decentralized financing, the Blockchain -backed blocks of artificial intelligence, and the economy of digital assets.

“The MGX investment in Penns is an important station in the process of developing the blockchain and its role in the future of digital financing. With the increasing adoption of institutions for this sector, the need for a safe, compatible and expandable infrastructure has become more important than ever. Bennes has always been a major driver to innovate in encrypted currencies, than trading techniques And “and the” and the drains “to the process of storage and payments, where we are committed to developing a system of more comprehensive and sustainable digital assets.”

For his part, Richard Ting, CEO of Bennes said: “This investment from MGX is a different step for the cryptocurrencies and Lilbinise. Our commitment to support the growth of the encrypted currency sector in a responsible and sustainable manner. ”

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