Crypto exchange giant Binance poured $500 million into Elon Musk's Twitter acquisition.
Why it matters:
After 40 hours of debate with Binance's leadership team, Zhao reached out to Musk via Twitter about participating in the deal. After some discussions about Musk's vision for the company and these various issues, Binance proceeded to work with Musk's transaction team on joining the financing.getting any board seats or formal advisory participation, per Hillmann.
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