Binance Joins Elon Musk in His Twitter Bid with $500m Equity Funding

Binance cryptocurrency exchange has joined Elon Musk’s Twitter Inc takeover bid with a $500 million equity contribution.

The contribution was highlighted as part of the related contributions from other venture capital firms as part of the updated Schedule 13D that was filed with the United States Securities and Exchange Commission (SEC).
The Schedule 13D document is a compulsory filing that is required of any investor who takes up more than a 5% equity stake in a particular firm. The filing showed that the free speech agenda of Elon Musk has garnered so much support from more venture capital firms in the …

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