Binance wired $500 million to support Musk's takeover of Twitter - CZ
Binance CEO Says Company Wired $500 Million to Take Stake Amid Elon's Twitter Takeover Musk was finally sealed.
New
Binance CEO Changpeng "CZ" Zhao said the company followed through on a $500 million pledge to support Elon Musk's high-profile Twitter takeover.
Musk reportedly completed the deal on Oct. 27, with a handful of Twitter executives escorted to the door as the social media platform's new owner cleaned up.
Dear Twitter Advertisers pic.twitter.com/GMwHmInPAS
— Elon Musk (@elonmusk) October 27, 2022Binance had indicated that it would co-invest in Twitter in May 2022, alongside 18 other investors, including cryptocurrency investment firms Sequoia Capital Fund, Fidelity Management and Research Company.
Related: How Crypto Twitter Could Change Under Musk's Leadership
The founder of Binance confirmed on October 28 that the company had indeed invested his money...
Binance CEO Says Company Wired $500 Million to Take Stake Amid Elon's Twitter Takeover Musk was finally sealed.
New
Binance CEO Changpeng "CZ" Zhao said the company followed through on a $500 million pledge to support Elon Musk's high-profile Twitter takeover.
Musk reportedly completed the deal on Oct. 27, with a handful of Twitter executives escorted to the door as the social media platform's new owner cleaned up.
Dear Twitter Advertisers pic.twitter.com/GMwHmInPAS
— Elon Musk (@elonmusk) October 27, 2022Binance had indicated that it would co-invest in Twitter in May 2022, alongside 18 other investors, including cryptocurrency investment firms Sequoia Capital Fund, Fidelity Management and Research Company.
Related: How Crypto Twitter Could Change Under Musk's Leadership
The founder of Binance confirmed on October 28 that the company had indeed invested his money...
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