Jake
@jake0
Binance just raised $2B from MGX, an Abu Dhabi sovereign wealth fund. The $2B is the largest crypto fundraise in 2 years and represents ~40% of Q1 2025 funding and ~15% of all 2024 funding. Q1 funding here 👉 https://messari.co/420Oyu8
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ted (not lasso)
@ted
... is this bullish or bearish?
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Jake
@jake0
hella bullish -- plus it was raised solely in stablecoins, so further cements stablecoin PMF.
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