Founded in 2024, the Abu Dhabi investment vehicle has quickly become a major force in Trump administration deals, from the reported TikTok restructuring to a controversial $2 billion investment in Binance using the Trump family’s stablecoin.
Topline
MGX, a state-backed Abu Dhabi fund, has surfaced in two of the most scrutinized deals in Donald Trump’s second term—it’s reportedly set to take a stake in TikTok’s U.S. business and used a Trump-linked stablecoin for a $2 billion transaction … [7150 chars]
Source: Forbes | Published: 2025-10-15T00:00:00Z
Credit: Forbes
