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Binance Ceo Richard Teng Highlights Expansion in United Arab Emirates After a $2,000 Million Agreement

Summary by Crypto Economy
Key news points: Binance partnered with Ignyte, a DIFC-driven platform to support Web3 startups with tools, mentoring and capital. The collaboration will use BNB Chain as a basis for decentralized applications, connecting Binance with a hub that targets 100,000 startups and 5,000 investors. The agreement follows the investment of $2,000 million of MGX in Binance and reinforces the Arab Emirates strategy of leading the global digital economy. Bin…
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Key news points: Binance partnered with Ignyte, a DIFC-driven platform to support Web3 startups with tools, mentoring and capital. The collaboration will use BNB Chain as a basis for decentralized applications, connecting Binance with a hub that targets 100,000 startups and 5,000 investors. The agreement follows the investment of $2,000 million of MGX in Binance and reinforces the Arab Emirates strategy of leading the global digital economy. Bin…

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Crypto Economy broke the news in on Wednesday, October 1, 2025.
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