The most significant news of the past few days is undoubtedly 'Binance @ binancezh has officially secured a $2 billion investment in MGX!' As soon as the news came out, BNB rose sharply, driving the entire cryptocurrency circle to collectively rebound today, and the bull market is returning quickly! But there are still fans asking in private whether this is a negative or positive news, and Jenny Jun's opinion is simple: it's a big positive! A bear market slump? Lack of confidence in the industry? It's okay, Binance has directly brought the sovereign fund platform! This is not good news yet. Do we have to wait for sovereign funds to announce 'All in Binance/BTC' before it can be considered good news? (Oh, yes, Trump seems to have shouted that, but the shrewd King didn't pay a penny, while MGX paid a real $2 billion.) After the collapse of FTX, many institutions avoided the cryptocurrency market, and this time Binance directly invested $2 billion, which is equivalent to a formal vote of trust from sovereign funds in Web3. More importantly, this investment was made using stablecoins, which to some extent is equivalent to the sovereign fund completing the investment with Web3 assets, and the signal is directly full! Previously, everyone speculated that Binance might introduce BlackRock, but this time the MGX dark horse has emerged, and many people may not be familiar with it. Jenny checked and found out that Sheikh Tahnoun bin Zayed Al Nahyan, the Chairman of the MGX Board, is the Deputy Chief of Abu Dhabi, the son of the founding father of the United Arab Emirates, the younger brother of the current President, and also controls assets worth $1.5 trillion. Is this BUFF stack full? What's even more impressive is that MGX is not an ordinary financial investor, but a presence in the top global capital circle, with partners including TradFi giants such as BlackRock and Microsoft. This means that Binance's global layout will be further expanded, truly connecting TradFi&Crypto! Truly my cousin CZ @ cz-binance, who has been away for half his life and returned as a young man, dedicated to promoting cryptocurrency. His original intention has remained unchanged! Binance Crypto @heyibinance @sisibinance