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While every effort has been made to ensure the accuracy and reliability of the content at the time of publication, no warranties or representations are made as to its completeness, timeliness, or accuracy. Readers are advised to independently verify any information before acting upon it. The $2 billion investment marks the largest investment ever paid in crypto, facilitated through WLF’s stablecoin. It is also the biggest investment ever made into a crypto firm. Most recently, Witkoff announced that the USD1 stablecoin has been selected as the official cryptocurrency used to facilitate Abu Dhabi backed investment vehicle MGX’s $2 billion investment into Binance.

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