Binance commits $500M to co-invest in Twitter with Elon Musk

May 5, 2022 · Major crypto-related firms like Binance and Sequoia Capital are among 18 co-investors that contributed $7.2 billion in new financing commitments to Elon Musk's acquisition …

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Binance Commits $500M To Co-invest In Twitter With Elon Musk

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May 5, 2022 · Major crypto-related firms like Binance and Sequoia Capital are among 18 co-investors that contributed $7.2 billion in new financing commitments to Elon Musk's acquisition …

cointelegraph.com

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Binance Commits $500M To Co-invest In Twitter With Elon Musk

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Major crypto exchange Binance has participated in Elon Musk’s $44 billion acquisition of Twitter, according to data filed with the United States Securities and Exchange Commission.. On May …

coinlive.com

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Binance CEO: 'We're Excited To Be Able To Help Elon Realize A New ...

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Oct 28, 2022 · Elon Musk's acquisition of Twitter, completed on Thursday, also included a $500 million commitment from crypto's largest trading venue, Binance.

yahoo.com

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Binance Confirms $500 Million Investment In Elon Musk Twitter …

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Oct 28, 2022 · Binance said back in May that it would commit this amount of money to Musk’s $44 billion buyout of Twitter. As of Thursday, the deal has now officially gone through and Elon …

cryptonews.com

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Binance, Sequoia Among Investors Backing Musk's Takeover Of …

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May 5, 2022 · Shares of Twitter were up over 2% to $50.12, while shares of Tesla were down 0.6% to $946.98 in premarket trading. Binance coin (BNB) jumped from $399 to $414 following …

coindesk.com

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Breaking: Binance Commits $500 Mln To Elon Musk’s Twitter Deal

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May 5, 2022 · Binance, the world’s largest crypto exchange, appears to be among the parties proving Elon Musk with funding for his takeover of Twitter. The move was revealed in a filing …

coingape.com

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Crypto Exchange Binance Confirms $500M Investment In Musk's …

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Oct 28, 2022 · Binance first revealed plans to back Musk’s acquisition of Twitter in an SEC filing in May this year, with the exchange’s CEO describing the move as "a small contribution to the …

decrypt.co

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Binance Joins Elon Musk's Twitter Takeover Bid With $500 Million …

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May 5, 2022 · Binance, the world's largest crypto exchange by trading volume, has signed on as an equity investor in Elon Musk's $44 billion takeover bid of Twitter, pouring $500 million to …

thestreet.com

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Binance Wired $500M To Back Musk’s Twitter Takeover — CZ

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Oct 28, 2022 · Binance CEO Changpeng “CZ” Zhao says the company followed through with a $500 million commitment to back Elon Musk’s high-profile Twitter takeover.. Musk reportedly …

cointelegraph.com

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Binance, Sequoia Among Investors Backing Musk's Takeover Of …

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May 5, 2022 · Cryptocurrency exchange Binance committed $500 million and venture capital firm Sequoia Capital $800 million to help finance Elon Musk's $44 billion takeover of social media …

coindesk.com

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Binance Commits $500M To Co-invest In Twitter With Elon Musk

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May 9, 2022 · Binance, a prominent cryptocurrency exchange, was a participant in Elon Musk’s $44 billion acquisition of Twitter, according to SEC filings seen by CNBC.. TweetDeck has …

koop360.com

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Crypto Exchange Binance Confirms $500 Million Investment In …

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Oct 28, 2022 · Changpeng Zhao, Binance’s founder and majority shareholder, tweeted early Friday: “Our intern says we wired the $500 million 2 days ago.” A spokesman for the company …

wsj.com

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Binance To Invest $500 Million In Elon Musk Twitter Buyout

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Jun 26, 2023 · Binance’s top project in this field is providing $500 million in financing for Elon Musk’s planned takeover of the social media platform Twitter. Earlier this year, a Delaware …

cryptonews.com

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Why Binance Made A $500 Million Investment In Musk's Twitter …

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Oct 31, 2022 · Binance has been confirmed as one of the investors that helped Elon Musk secure his deal to buy Twitter TWTR. The deal, which just closed, is worth $44 billion. Of that, …

thestreet.com

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Binance: Getting In On Elon Musk's Twitter Takeover Was 'too Big To ...

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May 17, 2022 · Binance has pledged to invest $500 million in Musk’s Twitter acquisition, marking the cryptocurrency exchange’s second investment foray into media after investing in Forbes.

yahoo.com

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Binance Commits $500 Million To Invest In Twitter With Elon Musk

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According to data submitted by the US Securities and Exchange Commission, major crypto exchange Binance participated in Elon Musk’s $44 billion purchase of Twitter. On May 5, Musk …

cryptounfolded.com

FAQs about Binance commits $500M to co-invest in Twitter with Elon Musk Coupon?

Did Binance invest in Elon Musk's Twitter acquisition?

Binance is among 18 co-investors in Elon Musk's Twitter acquisition alongside firms like Sequoia Capital Fund and Fidelity Management and Research Company. Major crypto exchange Binance has participated in Elon Musk’s $44 billion acquisition of Twitter, according to data filed with the United States Securities and Exchange Commission. ...

Did Binance invest $500 million?

Of that, Binance contributed $500 million, according to CEO Changpeng Zhao. Zhao, who goes by CZ, confirmed the investment on Twitter. The investment was first mentioned in May following an amended 13D filing, which showed that the cryptocurrency brokerage had given Musk an equity commitment letter for $500 million. ...

Did Binance invest $1 billion in Twitter?

The Lawrence J. Ellison Revocable Trust invested $1 billion to make it the biggest contributor to the Musk-led acquisition of the social media platform. Cointelegraph has reached out to Binance to ascertain the finer details of its Twitter investment, its total shareholdings and other potential partnerships entailed. ...

Does Binance have a stake in Twitter?

Accounting for 1.3% of the company's total value, the stake underscores Binance's growing influence outside crypto. “We're excited to be able to help Elon realize a new vision for Twitter,” Binance Founder and CEO Changpeng Zhao said in a statement. ...

How much did Binance commit to a takeover?

Binance in May said it had committed $500 million for the takeover as part of its strategy to bring social media and news sites into the world of web3. A Binance spokesperson said Friday “our initial commitment remains the same” and flagged the possibility of growing the partnership. ...

Did Binance put its money on the table?

Binance’s founder confirmed on Oct. 28 that the company had indeed put its money on the table as Musk finalized his ownership of Twitter. CZ took to the newly-owned platform to confirm that the company had wired the funds earlier in the week. ...