Binance Invests $500 Million in Musk's Twitter …

Musk, who has said Twitter needs to be more decentralized and tweeted "the bird is freed" upon his deal's completion, has long toyed with the concept of linking blockchain to social media. "The idea of bl… See more


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Binance Invests $500 Million In Musk's Twitter …

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Musk, who has said Twitter needs to be more decentralized and tweeted "the bird is freed" upon his deal's completion, has long toyed with the concept of linking blockchain to social media. "The idea of bl… See more

investopedia.com

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BREAKING: Binance Invests $500 Million In Elon Musk's Twitter ...

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#Binance , the world’s largest cryptocurrency exchange by trading volume, announced that it has invested $500 million of the $500 million snippets of #ElonMusk ’s 44 billion snippet deal to …

binance.com

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Binance Confirms $500 Million Investment In Elon Musk Twitter …

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Oct 28, 2022  · Source: AdobeStock / Ascannio. Major crypto exchange Binance has put half a billion US dollars towards Tesla chief Elon Musk’s Twitter takeover.. Responding to reports …

cryptonews.com

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

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Oct 28, 2022  · Earlier this week, CZ confirmed Binance would stick to its earlier promise to commit $500 million towards Musk’s bid to buy Twitter, emphasizing that the deal would …

decrypt.co

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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

investing.com

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Binance CEO Reveals Main Reason For Investing $500 Million In …

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Jun 26, 2023  · Changpeng Zhao. Source: A video screenshot, Youtube/Entrepreneur ME. Binance CEO Changpeng Zhao (CZ) has shared that his company invested $500 million into …

cryptonews.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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CZ Explains Why Binance Invested $500 Million Into Elon Musk’s …

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On Monday (31 October 2022), Binance Co-Founder and CEO Changpeng Zhao (aka “CZ”) explained why his exchange had invested $500 million into Tesla and Space X CEO Elon …

cryptoglobe.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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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 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 CEO Invest $500 Mn In Elon Musk's Twitter To Support Free ...

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Nov 2, 2022  · Leading cryptocurrency exchange Binance's CEO Changpeng Zhao has said that his company invested $500 million in Elon Musk's Twitter because he is "extremely supportive" …

business-standard.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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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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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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Changpeng Zhao Binance Confirms $500 Million Equity …

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Oct 28, 2022  · Binance’s $500 million equity investment in Twitter makes it the fourth biggest contributor to the takeover, with the Lawrence J. Ellison Revocable Trust investing $1 billion to …

dailycoin.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

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BREAKING NEWS: BINANCE INVESTS $500 MILLION IN ELON …

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In a **huge move ** shaking the crypto world, **Binance**, the world’s largest cryptocurrency exchange, has just invested a **massive $500 million** into **Elon Musk’s Twitter …

binance.com

FAQs about Binance Invests $500 Million in Musk's Twitter … Coupon?

Why did Binance invest $500 million in Elon Musk's Twitter acquisition?

Crypto exchange giant Binance poured $500 million into Elon Musk's Twitter acquisition. Why it matters: Binance sees this as "an R&D opportunity" to apply blockchain and Web3 technology to Twitter, chief strategy officer Patrick Hillmann tells Axios. ...

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. ...

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. ...

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. ...

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