(Lisbon) On Wednesday, the head of major crypto-asset exchange Binance, which says it owns about 1% of Twitter, said it was ready to help Elon Musk develop the Blue Bird social network in the sector. Virtual currencies.
Posted at 1:22 pm
“We want to give a huge boost to everything Twitter can do in crypto and Web 3,” Changpeng Zhao said during a press conference on the sidelines of the Web Summit, a new era of the Internet in which cryptocurrency will be an essential part. Digital Economy Bloc that is taking place this week in Lisbon.
“We have all the technology, the knowledge, the products…we are ready to help,” he asserted, while saying he wanted to give Elon Musk “time to get his bearings” as the new owner. from Twitter.
“He has a lot of people to lay off, a lot of things to change,” even Changpeng Zhao, known in the tech world by his initials CZ, joked.
“I think he knows how to run a platform. He is a very strong entrepreneur. […] He spoke well about Dogecoin and made blue tweets, comments and stickers [accordée aux comptes certifiés]. I think all of these things are being considered, but I didn’t ask for a detailed plan.
CZ has also acknowledged the possibility of joining Twitter’s board of directors, if asked by Elon Musk, but she has not yet met him in person.
Several large investment and wealth funds, including co-founder of software publisher Oracle Larry Ellison, who wrote a check for $1 billion, or Qatar Holding Company, controlled by Qatar’s sovereign wealth fund, the Qatar Investment Authority, brought in about $5.2 billion. Helping Elon Musk fund the acquisition of Twitter.
Cryptocurrency exchange Binance is part of this list of investors with a contribution of $500 million and now owns “just over 1%” of the capital, its leader said.
Cryptocurrency and blockchain technologyblockchain) is one of the hot topics of the 2022 edition of the Web Summit, which will gather around 70,000 entrepreneurs and investors in the Portuguese capital through Friday.
