Binance will co-invest in Twitter with Elon Musk

Binance will invest $500 million in the acquisition of Twitter to support Elon Musk bring back free speech on social media. 

Elon Musk asked many companies to join this quest and plans on removing bots from Twitter, authenticating real humans and charging companies a fee for using Twitter. However, the platform is supposed to remain free for users.

Having invested $500 million, Binance is the fourth biggest contributor, following Lawrence J. Ellison Revocable Trust, which invested $1 billion. Sequoia Capital has donated $800 million and VyCapital $700 million.

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