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Abu Dhabi firm to invest $2bn in Binance using Trump’s crypto venture

World Liberty Financial’s USD1 will be used to close MGX’s investment in world’s biggest crypto exchangeA stablecoin launched by Donald Trump’s World Liberty Financial cryptocurrency venture is being used by an Abu Dhabi investment firm for its $2bn investment in crypto exchange Binance, one of World Liberty’s co-founders said on Thursday.World Liberty, which aims to allow people to access financial services without intermediaries like banks, said in March it would launch USD1, a dollar-pegged stablecoin backed by US treasuries, dollars and other cash equivalents. Continue reading...

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