Binance CEO: Still hope Musk’s acquisition of Twitter will be completed

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 According to Titanium Media App on June 16, Changpeng Zhao, CEO of the trading platform Binance, said in an interview that the agreement for Binance to invest $200 million in Forbes is “changing” after Forbes failed to list through a SPAC. Changpeng Zhao reiterated that Binance still wants to make the investment, but gave no details on any changes to the terms. In addition, Binance contributed about $500 million to Elon Musk's acquisition of Twitter (TWTR.N), but there has been less optimism recently about whether the deal will go ahead. "I don't know what happened with the Twitter deal, but we still hope it goes through," said Changpeng Zhao. Asked if he was disappointed by Musk's apparent lack of interest in completing the acquisition, he said, "To be honest, Yes, we want to contribute to Twitter in some way."

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