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

Oct 28, 2022 · Binance, the world’s largest crypto exchange, confirmed its participation as an equity investor in Elon Musk’s $44 billion deal to purchase Twitter. “We're excited to be able to …

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

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Binance Confirms Equity Investment In Musk’s Twitter Deal

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Oct 28, 2022 · Binance Holdings Ltd., the world’s largest cryptocurrency exchange, confirmed that it’s an equity investor in Elon Musk’s $44 billion acquisition of Twitter Inc. “We aim to play a …

bloomberg.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 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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Changpeng Zhao Binance Confirms $500 Million Equity …

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Oct 28, 2022 · Changpeng Zhao Binance Confirms $500 Million Equity Investment in Musk’s Twitter Takeover

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Web3 Giant Binance Confirms $500M Equity Stake In Elon Musk's …

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Oct 28, 2022 · Binance, the world's largest cryptocurrency exchange by trading volume, confirmed Thursday its $500M equity investment in Elon Musk's $44B acquisition of social media …

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Binance Confirms Equity Investment In Elon Musk's Twitter Buyout …

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Crypto Exchange Binance Confirms $500 Million Investment In …

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Oct 28, 2022 · Binance was among 19 investors that originally agreed to back Mr. Musk with $7 billion in financing. Since then, however, the crypto world has gone through a crash , raising …

wsj.com

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Binance Confirms $500M Investment In Elon Musk’s $44B Twitter …

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Oct 28, 2022 · Binance has confirmed its investment in Elon Musk’s $44 billion buyout of Twitter, according to a Bloomberg report. The cryptocurrency exchange said in May that it had planned …

nftgators.com

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Binance Founder CZ Confirms $500M Equity Investment To Back …

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Oct 28, 2022 · Binance founder Changpeng ‘CZ’ Zhao confirmed a $500 million equity investment in Elon Musk’s acquisition of Twitter Inc. CZ explained the investment as a move to bridge …

cryptoslate.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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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 Funds Elon Musk’s Twitter Takeover With $500M …

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May 5, 2022 · This confirms that Binance supports Elon Musk’s takeover of Twitter. Binance is only one of the 18 equity investors funding Elon Musk’s $44 billion offer for Twitter. In …

investing.com

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Binance CEO On Why Crypto Exchange Invested $500M In Elon …

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Nov 1, 2022 · Binance Chief Executive Officer Changpeng Zhao has shared the reason for his company's participation in the funding of Tesla Inc TSLA CEO Elon Musk’s $44 billion …

benzinga.com

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Binance Confirms $500M Investment In Elon Musk's Twitter Takeover

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Oct 29, 2022 · Binance first announced plans to support Musk's acquisition of Twitter in an SEC filing in May this year, with the exchange's CEO calling the move ”a small contribution to the …

tesmanian.com

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Here's Why Binance Invested $500 Million In Elon Musk's Twitter …

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Nov 1, 2022 · The world’s largest cryptocurrency exchange – Binance – was one of Elon Musk’s financial backers in his multi-billion acquisition of Twitter, contributing $500 million. CEO …

cryptopotato.com

FAQs about Crypto Exchange Binance Confirms $500M Investment in Musk's … Coupon?

Is Binance investing in Elon Musk's Twitter acquisition?

Binance, the world's largest cryptocurrency exchange by trading volume, confirmed Thursday its $500M equity investment in Elon Musk's $44B acquisition of social media platform Twitter ( NYSE: TWTR ). ...

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. ...

What is Binance doing with Web3?

“We aim to play a role in bringing social media and Web3 together in order to broaden the use and adoption of crypto and blockchain technology,” Zhao said. A May regulatory filing revealed that Binance committed US$500 million to Musk’s US$44 billion Twitter takeover. ...

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. ...

Is Binance a co-investor?

According to the document, Binance is one of 18 co-investors in the acquisition alongside major crypto industry players like Sequoia Capital Fund and Fidelity Management and Research Company. Having invested $500 million, Binance is the fourth biggest contributor, following the Lawrence J. Ellison Revocable Trust, which invested $1 billion. ...

Will Binance invest in cryptocurrencies?

Binance was among 19 investors that originally agreed to back Mr. Musk with $7 billion in financing. Since then, however, the crypto world has gone through a crash, raising uncertainty over Binance’s willingness to invest. Already a WSJ subscriber? Sign in Register to access limited number of articles. Subscribe to get unlimited access to articles. ...