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Binance seems to be interested in committing funds to Elon Mush for his Twitter takeover. In a letter filed with SEC, Elon has disclosed backing for upto $7 BN for his proposed takeover of Twitter, from big names such as Brookfield, Fidelity, Qatar, Sequoia and now Binance.
As per the filing, Binance the largest cryptocurrency exchange has commited upto $500,000,000 in cash towards Musk’s takeover and acquisition of Twitter.
The deal would mark Binance’s entry into the big league of investors who are willing to contribute towards deals outside the traditional crypto space.
You can read more on the SEC website below.
https://www.sec.gov/Archives/edgar/data/0001494730/000110465922056055/tm2214608-1_sc13da.htm
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