Binance also participated in the financing of Elon Musk’s takeover of Twitter.
According to the latest document submitted by Tesla and SpaceX CEO Elon Musk to the SEC, Binance will contribute $ 500 million to Musk’s acquisition of Twitter. According to the 13D document in question, Musk has received equity commitments from a number of prominent industry players, including leading crypto-asset trading platform Binance. Alongside Binance, Sequoia has pledged $800 million, Fidelity $316 million and a16z $400 million.
As we reported earlier, Musk had bought Twitter for $54.20 per share.
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