CoinOtag
2025-11-24 18:35:25

Abu Dhabi’s Lunate Explores Up to $1 Billion Commitment to MGX in AI and Crypto Drive

Lunate, an Abu Dhabi-based asset manager, is in discussions for a potential $1 billion capital commitment to MGX, the UAE's state-backed AI investment arm. This move aligns with Abu Dhabi's strategy to lead in global AI and tech financing, including crypto sectors, as MGX holds a $2 billion stake in Binance. Strategic AI Push: Abu [...]

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