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Binance, led by the world’s richest crypto billionaire, is taking a $200 million stake in Forbes

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Binance, led by the world’s richest crypto billionaire, is taking a $200 million stake in Forbes

Binance, the world’s biggest cryptocurrency exchange, is making a $200 million strategic investment in Forbes, the 104-year old magazine and digital publisher, CNBC has learned.

The funds will help Forbes execute on its plan to merge with a publicly-traded special purpose acquisition company, or SPAC, in the first quarter, according to people with knowledge of the deal. Source

Don't you think that Binance would become a monopolist in the crypto world (it's like it has it's own pocket media now)? So what's the plan? Are you buying BNB now?

https://preview.redd.it/gtk1mr9vl0h81.png?1146&format=png&auto=webp&s=5196b7edaeeea53a49707f745163ff564b358857

submitted by /u/SwapzoneIO
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