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Binance, led by world's richest crypto billionaire, to invest $200 million in Forbes
short by Kiran Khatri / on Friday, 11 February, 2022
Cryptocurrency exchange Binance has said that it's making a $200 million strategic investment in the 104-year-old news publisher Forbes. Binance is led by world's richest crypto billionaire, CEO Changpeng Zhao, who has a fortune of $82.6 billion, as per Bloomberg. "Our investment...is to help them build Web3 infrastructure," Zhao said, adding that Forbes' editorial independence is "sacrosanct".
read more at Reuters