1. The biggest significance of this matter is that Binance finally has a stable rear line. Looking at Binance's attempts to establish headquarters in Hong Kong, Japan, Malta, Singapore, the United Kingdom, France, Dubai, Seychelles, and other places since the 1994 incident, and being repeatedly rushed due to regulatory issues, this sovereign fund investment is likely to mean Binance's success in establishing a legal entity in the Middle East. I personally think that if domestic companies start with a "middle prefix", various local relationships, trust among residents and users, and global reputation will be greatly improved in the future. After all, there seems to be no Crypto company that can achieve this at present. Finally, I don't have to be chased around anymore, it's not easy. 2. The total investment this time is 2 billion yuan. Although Binance's current profit-making ability is not much, it has opened the door to global compliance. There are likely to be investment deals at the sovereign fund level that have not been completed or announced in the future. The first one is always the most difficult. At the beginning of this year, Binance's reduction of holdings in cryptocurrency caused a huge uproar. At that time, I guessed it was to meet investment needs, just like @ biupa's idea. MGX is very professional, and they most likely represent the requirements of similar funds. It is estimated that the progress of the deal will be much easier in the future. Will it be on the way, as has been rumored for a long time, for American conglomerates to settle in? 3. How will Binance use the large amount of cash it has received? Binance is a super money printer, as we all know, so whether the market is hot and whether the cryptocurrency industry can continue to develop in the long run is very important for Binance and new investors/potential investors. If the market really bears down directly, it may not only be something that we small players do not want to see, but also something that big players at the table do not want to see. So as long as there is a slight improvement in the external environment, it is likely that Binance will try to take action to restore popularity@ Whether Binance will restart the purchase of cryptocurrency assets is a very noteworthy signal. 4 Why hasn't BNB skyrocketed? This news has been circulating for a long time, and in fact, the market has already priced in ahead of time. Even @ cz-binance thinks so. In fact, Bnb/ETH Bnb/Sol and others are already quite tough. People who can hold on for a long time are basically holding on to the currency standard and enjoying dividends. With CZ and Yijie working so hard for the holders, why rush?