{"id":49560,"date":"2025-09-27T08:30:06","date_gmt":"2025-09-27T01:30:06","guid":{"rendered":"https:\/\/hbbgroup.net\/dubai-royal-backed-fund-mgx-buys-15-of-tiktok-u-s-business-in-major-stake-deal-report\/"},"modified":"2025-09-27T08:30:06","modified_gmt":"2025-09-27T01:30:06","slug":"dubai-royal-backed-fund-mgx-buys-15-of-tiktok-u-s-business-in-major-stake-deal-report","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/dubai-royal-backed-fund-mgx-buys-15-of-tiktok-u-s-business-in-major-stake-deal-report\/","title":{"rendered":"Dubai Royal-Backed Fund MGX Buys 15% of TikTok U.S. Business in Major Stake Deal: Report"},"content":{"rendered":"
\n

MGX, which previously bought $2 billion of World Liberty Financial’s USD1, and Oracle will control nearly half of TikTok\u2019s U.S. arm as American firms secure majority ownership.<\/h2>\n

Sep 26, 2025, 9:51\u202fp.m. <\/span><\/p>\n<\/div>\n

\n

MGX, a fund backed by Dubai\u2019s ruling family, will take a 15% stake in TikTok\u2019s U.S. business as part of a restructuring meant to increase American control of the popular video app, the Washington Post<\/a> reported Friday.<\/p>\n

The investment, led by Sheikh Tahnoon bin Zayed Al Nahyan, brings MGX into a partnership with Oracle, the database giant co-founded by Larry Ellison. Together, the two will hold roughly 45% of TikTok\u2019s U.S. entity. With other U.S. investors involved, American companies are expected to own more than 65% of the business.<\/p>\n

TikTok\u2019s Chinese parent, ByteDance, will remain a significant shareholder, keeping a 19.9% stake in the U.S. arm, according to the Guardian<\/a>. That arrangement appears designed to ease concerns in Washington, where President Trump has repeatedly pressed for tighter scrutiny of the app\u2019s ownership and data practices.<\/p>\n

MGX\u2019s role in the deal adds another layer of intrigue. Earlier this year, the fund bought $2 billion worth of USD1, a stablecoin launched by Donald Trump\u2019s World Liberty Financial. The token is backed by U.S. Treasuries, cash and equivalents, and is pitched as a way for people to access financial services without banks. MGX has already deployed USD1 in its investment in crypto exchange Binance<\/a>, signaling its willingness to use the stablecoin in large-scale deals.<\/p>\n

For MGX, the TikTok stake provides a high-profile foothold in the U.S. social media market, where the platform\u2019s influence over culture and advertising continues to expand.<\/p>\n<\/div>\n

\n

More For You<\/p>\n

\n
\n

Total Crypto Trading Volume Hits Yearly High of $9.72T<\/p>\n<\/div>\n

\n
\"Exchange<\/figure>\n

Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025<\/p>\n

\n

What to know: <\/p>\n

\n