4u Created
Image default
Business

Here’s why Binance’s CZ invested in Twitter following Elon Musk acquisition By Cointelegraph



Here’s why Binance’s CZ invested in Twitter following Elon Musk acquisition

The acquisition of Twitter by billionaire Elon Musk got mixed reactions from crypto and global communities, sparking discussions around changes to censorship, account verification and the launch of new crypto and blockchain-centric features. However, Binance CEO Changpeng “CZ” Zhao’s decision to invest $500 million in the social media site took the limelight.

Acknowledging the buzz, CZ shared six reasons why he opted to support Twitter and what it may mean for the future of Twitter.