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Binance, Sequoia Back Elon Musk’s Twitter Takeover

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According to an updated SEC filing, cryptocurrency exchange Binance committed $500 million and venture capital firm Sequoia Capital $800 million to help finance Elon Musk’s $44 billion takeover of social media platform Twitter (TWTR). “The Hash” group discusses Binance’s investment in media, citing their deal with Forbes, and Musk’s plans to bring Twitter private and decentralize the platform.

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