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

Cointelegraph

Published Nov 05, 2022 07:30AM ET

Updated Nov 05, 2022 09:00AM ET

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.

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