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Binance Coin Surges 15% as Binance Secures $2 Billion Investment

Coinpedia LogoCoinpedia11h ago

Binance Coin Surges 15% as Binance Secures $2 Billion Investment - Coinpedia

Quick Summary:

The token surged 15% in just two days, fueled by a massive $2 billion investment from an Abu Dhabi-based firm, MGX.

This is one of the largest investments ever made in a crypto company, and it was paid entirely in stablecoins, adding further trust to Binance’s financial stability.

Additionally, options Open Interest surged 19.79%, reaching $11.96 million.

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Binance Coin Surges 15% as Binance Secures $2 Billion Investment - Coinpedia (Picture 1)

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Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-13 @ 12:40:35 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 354 words

Reading Time: 2 minutes read

Sentences: 31 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 26950094

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About Coinpedia

Coinpedia Logo

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 14 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

Publisher Details

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The story "Binance Coin Surges 15% as Binance Secures $2 Billion Investment" has 354 words across 31 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Binance Coin Surges 15% as Binance Secures $2 Billion Investment" was covered 11 hours ago by Coinpedia, a news publisher based in United States.

How trustworthy is 'Coinpedia' news outlet?

Coinpedia is a fully independent (privately-owned) news outlet established in 2016 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 14 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26950094
  • URL: https://beamstart.com/news/binance-coin-surges-15-as-17418699954198

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