CZ Binance, in an interview with CNBC, stated that free speech and Web3 adoption are the primary reasons for Binance Investment in Twitter.
Changpeng Zhao, the founder, and CEO of Binance, appeared in an interview with CNBC today. He discussed the motive of Binance behind investing in Elon Musk’s acquisition of Twitter.
“There are many reasons for supporting the deal. Twitter is a free speech platform, which is global, right? Which is extremely important.
Twitter is a tool that I use personally very heavily, so… We would want to make sure that the crypto has a seat at the table when it comes to free speech. There are more tactical things like we want to help bring Twitter to Web3 when they are ready. And yeah, we want to help solve some of those immediate problems.”
Web3 Integration with the Binance Investment in Twitter
CZ mentioned that they want to help bring Twitter to Web3. Crypto should have a seat at the…
