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

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 …

$500
OFF

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

5 days from now

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

$500
OFF

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

5 days from now

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

$500
OFF

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

5 days from now

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

$500
OFF

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

5 days from now

Nov 1, 2022 · Why It Matters: The Binance CEO is an active Twitter user with over 7.2 million followers. Zhao revealed last week that Binance, the largest spot cryptocurrency exchange in …

benzinga.com

$500
OFF

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

5 days from now

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

$500
OFF

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

5 days from now

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

$500
OFF

Binance Confirms $500 Million Investment In Elon Musk Twitter …

5 days from now

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

$500
OFF

Binance Pledges $500M To Help Elon Musk Take Over Twitter

5 days from now

May 5, 2022 · According to an amended 13-D schedule filed with the U.S. Securities and Exchange Commission on Wednesday, crypto exchange Binance had the fourth-largest …

cryptobriefing.com

$500
OFF

Changpeng Zhao Binance Confirms $500 Million Equity …

5 days from now

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

investing.com

$500
OFF

Binance Joins Elon Musk In His Twitter Bid With $500m Equity …

5 days from now

May 6, 2022 · The filing showed that the free speech agenda of Elon Musk has garnered so much support from more venture capital firms in the U.S in particular. Besides Binance’s …

blockchain.news

2%
OFF

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

5 days from now

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

$500
OFF

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

5 days from now

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

$500
OFF

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

5 days from now

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

$500
OFF

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

5 days from now

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

$500
OFF

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

5 days from now

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.. …

cryptoslate.com

$500
OFF

Binance To Invest $500 Million In Elon Musk Twitter Buyout

5 days from now

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

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

Why does Binance's Twitter deal matter?

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. Behind the deal scenes: According to Hillmann, Musk's statements about Twitter's spambots and free speech caught the attention of Binance CEO Changpeng Zhao. ...

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. ...

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. ...

Is Binance bringing cryptocurrencies to Twitter?

For the period, the market capitalization for DOGE has risen by $3 billion from $7.7 billion to $10.6 billion, according to Coinmarketcap. For its part, a spokesperson for Binance told Yahoo Finance that Binance is creating a team inside the company to focus on ways cryptocurrencies and blockchain technology could be helpful to Twitter. ...