Binance CEO Says He Has Invested $500 Million In Elon Musk’s Acquisition of Twitter

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Binance is not the only high-profile backer of Musk’s acquisition of Twitter.  According to various regulatory filings, other high-profile investors in the deal include the Qatar Investment Authority and Saudi Arabian Prince Alwaleed bin Talal

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“We’re excited to be able to help Elon realize a new vision for Twitter. 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 added in a statement to Insider.