NFT News by Thebittimes.Com

Changpeng Zhao. Source: A video screenshot, Youtube/Entrepreneur ME Binance CEO Changpeng Zhao (CZ) has shared that his company&nbsp ;invested $500 million into Elon Musk's buyout of Twitter in a bid to support the freedom of speech.  At the opening event of Europe's largest tech conference, the Web Summit, in Lisbon, the CEO said he was "extremely supportive" of freedom of speech and there were "very strong reasons" why he invested in the social media platform, Reuters reported.  "Number one is that we want to be extremely supportive of free speech ," he reportedly said, adding that Twitter is "where people express their opinions. It is an important free speech platform - that's the number one reason." CZ, who has over 7 million followers on the platform, said he is "a heavy Twitter user," adding that Binance planned to be a long-term investor in the social media company.  He also mentioned the imp...

Binance is one of the largest cryptocurrency exchanges in the world. It has also proved to be one of the most robust businesses to seamlessly ride the “crypto winter”. The firm has also been expanding and investing heavily in other businesses. CZ Binance also invested $500 million in Elon Musk’s Twitter acquisition. Speaking on CNBC’s Squawk Box, CZ conveyed his willingness to help Twitter enter Web3 when they are ready to do so. CZ also spoke about the Twitter deal and why he decided to invest in it. JUST IN: #Binance ceo says he wants to help Elon Musk bring Twitter into Web3. — Watcher.Guru (@WatcherGuru) October 31, 2022 CZ highlighted that Twitter is a “free speech platform” Speaking on several reasons for aiding in concluding the deal, CZ highlights that Twitter is a free-speech platform. He also added that he wants to support strong entrepreneurs and believes that Elon Musk is one of them. Binance’s CEO also m...