TechFlow news, Binance and Sequoia Capital are still supporting Musk's $44 billion acquisition of Twitter.
A source said that as early as April, Sequoia Capital had already committed $800 million for this deal and has retained the capital allocation to support the transaction. A Binance spokesperson stated that Binance will continue to contribute $500 million toward the deal. Previously, Binance said, "We hope to combine social media and Web3 to drive broader adoption of cryptocurrency and blockchain technology."
Musk had previously attempted to terminate the acquisition agreement, with both parties originally scheduled to go to court on October 17.Original link
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