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Abu Dhabi Fund MGX Emerges As Key Player In Two Major Trump-Era Deals

Summary by Forbes
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.

2 Articles

CNBCCNBC
Center

The Abu Dhabi investor that's funding AI while trying to save TikTok — with help from Trump

Abu Dhabi's MGX, launched last year, has emerged as one of the key players funding the AI boom and is now part owner of TikTok's U.S. business.

·United States
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ForbesForbes
Center

Abu Dhabi Fund MGX Emerges As Key Player In Two Major Trump-Era Deals

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.

·United States
Read Full Article
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Forbes broke the news in United States on Wednesday, October 15, 2025.
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