 | In its bid to further boost crypto adoption within the mainstream public, the CEO of the largest crypto exchange by trading volume, Binance, has revealed that the firm is currently considering investing in a few firms outside of its usual scope. According to a Financial Times report, Binance is looking at investment opportunities within the traditional business sector so as to help “bring them into crypto.” Binance was recently in the news for its acquisition of a historic $200 million stake in leading media publisher, Forbes. The investment earned the firm two seats amongst the publication’s board. Binance is also reportedly one of the few firms looking to acquire Chelsea Football Club. The Roman Abrahamovic-owned club was recently put up for sale due to the increasing regulations being placed on Russian oligarchs. The exchange has, however, debunked the story. Ok, Before Binance purchases the whole world shall we get BNB? [link] [comments] |
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