Express

Binance Confirmed to be Participating as Equity Investor in Elon Musk's Twitter Takeover

Tris Bell

Summary: Binance confirmed on Friday that it was acting as an equity investor in Elon Musk’s takeover of Twitter, having transferred $500 million two days ago. Binance founder Changpeng Zhao called the $500 million investment “a small contribution to the cause” in May and said at the time that the most important thing was to reduce ...

Binance confirmed on Friday that it was acting as an equity investor in Elon Musk’s takeover of Twitter, having transferred $500 million two days ago.

Binance founder Changpeng Zhao called the $500 million investment “a small contribution to the cause” in May and said at the time that the most important thing was to reduce scams on the platform.

“Our initial commitment remains the same and we look forward to exploring opportunities to grow the partnership in the future, a Binance spokesperson said.

Author: Tris Bell

Last Update:

Tags: ,,
Link: Binance Confirmed to be Participating as Equity Investor in Elon Musk's Twitter Takeover   [Copy]
Next:

Related Articles

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago

    • You need to login to comment.