Elon Musk’s acquisition of Twitter, completed on Thursday, also included a $500 million commitment from crypto’s largest trading venue, Binance.
Going forward, that means, a major player in cryptocurrencies and “Web3” now has a stake in the social media giant’s success.
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…
Source link