Binance founder Changpeng Zhao says he committed $500 million to Twitter buyout
In his new book, Changpeng Zhao said the 2022 decision followed a 30-minute internal discussion and was motivated by support for free speech and crypto’s role on the platform.
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Terms & Concepts
Privatization: The process of taking a public company private, usually through an acquisition that removes its shares from public stock markets.
Crypto platform presence: The visibility and activity of cryptocurrency-related users, companies, and discussions on a major online platform.