Binance may form a team to support Twitter’s blockchain efforts

Cointelegraph

Published Oct 28, 2022 04:20PM ET

Updated Oct 30, 2022 07:40AM ET

According to reports on Oct. 28, crypto exchange Binance intends to create a team to work on crypto and blockchain solutions for Twitter, following the acquisition of the social media company by tech billionaire Elon Musk.

The development came hours after Binance’s founder and CEO, Changpeng “CZ” Zhao, confirmed that the company had backed Musk with $500 million in financing, making the crypto exchange the fourth-biggest contributor to the takeover amid 19 investors that provided $7 billion to Tesla’s founder.

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