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 $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. Open in App ...

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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 Commits $500 Million To Invest In Twitter With Elon Musk

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May 5, 2022 · 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.. …

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

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Oct 28, 2022 · The crypto exchange said in May that it had committed $500 million to Musk’s Twitter acquisition. Binance is among a consortium of 18 other investors that includes venture …

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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, 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 …

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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 to Elon Musk’s planned takeover of social media platform Twitter. Changpeng 'CZ' Zhao, the …

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

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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 …

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

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Oct 29, 2022 · Binance, the world's largest cryptocurrency exchange, has confirmed its participation as an equity investor in Elon Musk's $44 billion deal to buy Twitter. The exchange …

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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?

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. ...

Who financed Elon Musk's acquisition of Twitter?

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 of Twitter. ...

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. ...

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. ...

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. ...

How much money did Binance invest in a revocable trust?

Having invested $500 million, Binance is the fourth biggest contributor, following the Lawrence J. Ellison Revocable Trust, which invested $1 billion. Sequoia Capital and VyCapital donated $800 million and 700 million, respectively. ...