Elon Musk has said he managed to raise some funds to help him take over Twitter from several parties. Now, it has been identified that one of them is Binance.
Binance is one of the world's largest cryptocurrency trading exchange providers. It is said Binance wants to invest around $ 500 million on Twitter.
In any case, the CEO of Binance says they still don’t have any plans regarding a business plan for Twitter.
Twitter is poised to be one of the main sources for Web3 -related discussions as well as the decentralized web. By investing in Twitter, Binance continues to strengthen their position in the Web3 arena as well as the leading social sites.
In addition to Binance, the founder of Oracle also participated in this fundraiser, in addition to the prince of Saudi Arabia.
To date, Elon Musk has raised $ 7.14 billion out of a total purchase value of $ 44 billion.
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