Binance so far this year has committed $325 million to 67 projects, according to the article. A $200 million investment into Forbes and $500 million of financing towards Elon Musk’s Twitter takeover remain on the table – those deals could take the spend to more than $1 billion for 2022. By comparison, the company invested $140 million across 73 projects in 2021.
Source: https://www.coindesk.com/business/2022/10/07/binance-ceo-zhao-taking-different-acquisition-tack-than-ftxs-bankman-fried/?utm_medium=referral&utm_source=rss&utm_campaign=headlines