Binance, Sequoia Among Investors Backing Musk’s Takeover of Twitter

Binance founder Changpeng “CZ” Zhao referred to the commitment as “a small contribution to the cause” in a tweet after the news emerged. Following Musk’s initial offer to buy Twitter last month, CZ tweeted that he should “Privatize it, issue a token, decentralize it,” adding that a priority should be reduce spam and scams on the platform.