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Wednesday, October 22, 2025

UAE: Sheikh Tahnoon’s crypto vision via MGX, eyed investmentsnote

Five months after MGX settled a $2 billion minority stake in Binance using World Liberty Financial’s dollar token, USD1, the deal remains on firm ground.

MGX Chairman Sheikh Tahnoon Bin Zayed built on the deal to send messages to the U.S. administration. Meanwhile, his crypto vision is laying the groundwork for further investments.

The following note provides insights into:

- The political and investment messages Sheikh Tahnoon wanted to send through the deal

- His crypto vision and how MGX CEO Ahmad Al-Idrissi is implementing it

- Further crypto investments and acquisitions MGX is considering in the U.S. and three Asian countries


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