★ Organization
MGX
Business · Cryptocurrency · Foreign Governments
- Actions
- 3
- Topics
- 12
- People
- 1
- Sectors
- 4
MGX is an Abu Dhabi–based investment firm focused on artificial intelligence and advanced technology, incorporated in the Abu Dhabi Global Market and chaired by Sheikh Tahnoon bin Zayed Al Nahyan, the UAE's national security adviser and Deputy Ruler of Abu Dhabi. Launched in 2024 and backed by Mubadala and G42, the firm positions itself as an "investor-operator" deploying capital into AI infrastructure, semiconductors, and frontier technology companies. Its disclosed partners include Microsoft, BlackRock, Silver Lake, Vista Equity Partners, and DigitalBridge.
Sectors
People
Actions
Includes actions MGX appears on directly, plus actions flagged against the sectors it belongs to.
ByteDance TikTok U.S. spin-out names MGX, Oracle, Silver Lake
15 percent stake — tied for the largest investor position. Emirati AI/tech investment firm founded 2024 by Mubadala and G42; chaired by Sheikh Tahnoon bin Zayed Al Nahyan. Chief strategy and safety officer David Scott takes a seat on the new venture's board. Closing of MGX's September 2025 selection as a TikTok-US operator under the Trump-negotiated arrangement.
Trump's two top market regulators launch joint 'Project Crypto'
Cryptocurrency sector — A coordinated CFTC/SEC framework for digital assets gives the crypto industry the regulatory clarity it has lobbied for, lowering legal risk for exchanges, custodians, and token issuers across the board.
Trump TikTok deal names Tahnoon's MGX as U.S. operator
Selected as one of a handful of investors to operate TikTok in the US under the Trump-negotiated deal.
Trump orders Labor Department to allow alternative assets in 401(k)s
Cryptocurrency sector — The same order also expands the addressable market for crypto-asset products inside retirement plans, a tailwind for digital-asset issuers and exchanges seeking distribution into mainstream retirement savings.
Trump order expedites federal permits for AI data centers
Technology & AI sector — Enables and accelerates the buildout of AI infrastructure to support the AI transformation
UAE firm uses $2B Trump-Witkoff stablecoin for Binance stake
Abu Dhabi AI investment firm chaired by Sheikh Tahnoon that used $2 billion of World Liberty Financial's USD1 stablecoin to settle its acquisition of a 49% stake in Binance.
Trump's SEC crypto enforcement falls 60% in first year
Cryptocurrency sector — A 60% drop in SEC crypto enforcement actions and a ~97% drop in monetary penalties lowers the cost of doing business for digital-asset firms industry-wide, beyond the handful of cases that were individually dismissed.
Saudi sovereign fund hands Kushner's firm $2 billion over its panel's objections
Investment Firms sector — Affinity Partners, the recipient private equity firm, is the direct sector beneficiary; the $2 billion PIF commitment constituted the bulk of its initial assets under management.