Zhao Changpeng, CEO of Binance, the leading cryptocurrency trading center in the industry, said in a recent interview that Binance may follow its commitment of accounting support services of 500 million dollars to support Elon Musk's recycling of Twitter.
On October 25, at the Future Investment Promotion Conference held in Riyadh, Bangladesh, when asked if he still planned to support the Tesla founder, he replied, "I think so."
As early as April 2022, when Elon Musk is likely to recycle Twitter information and make headlines, the BinanceCEO promised to cooperate with Fidelity Management, Sequoia Capital and other financial companies that tend to encrypt data, and support the billionaire's bidding for Twitter.
Musk is now bidding $54.20 for each share of Twitter. At the beginning of this year, he privately delivered plans to cryptocurrency industry leaders, making Twitter more "blockchain technology"
Zhao said that, for Binance, this is a good opportunity to transmit news information to web3.0 through social networks. At the same time, he responded that Musk would only get its support when he reached a deal and then made a purchase.
In an interview in June 2022, Zhao has determined, "If he leaves, everyone will leave."
Coincidentally, Musk basically chose to give up the deal in July, claiming that Twitter could not give him enough information about the most popular spam messaging robots on social platforms. However, with the huge legal pressure to reach consensus on Twitter provisions, Elon Musk signed the first relevant provisions.
