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Binance taking $200M stake in Forbes

CRYPTOnite

2022-02-10 (14:31:06)

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the world’s biggest cryptocurrency exchange, is making a $200 million strategic investment in Forbes a 104-year old magazine and digital publisher,

- via CNBC

The funds is said to help Forbes execute on its planto merge with a publicly-traded special purpose acquisition company, or SPAC, in the first quarter, according to people with knowledge of the deal.

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“This is the first step into a marketplace that has really high potential when it comes to adoption of Web 3.0 based tools".

- Binance

Reply 2

Catto Bibi_profile-image

2022-02-10 (16:24:14)

Block user
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Ooh, they're really investing their money in different platforms.

CRYPTOnite_profile-image

2022-02-22 (06:17:00)

Block user

yes, I guess this is how they wanna expand

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