‘CZ’ Zhao on why Binance bet big on Twitter despite Musk’s machinations

It’s hard to imagine committing to invest $500 million in someone’s vision for a company, only to watch that individual almost immediately try to distance himself from it. But Changpeng “CZ”
Zhao told an audience tonight at Web Summit in Lisbon that he wasn’t bothered when, after committing to invest $500 million in Elon Musk’s takeover of Twitter, Musk then tried for months to torpedo the deal.
First and foremost, suggested the founder and CEO of Binance, the world’s largest cryptocurrency platform, “When we invest in a deal, we’re very co

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