Nearly seven months after Tesla (NASDAQ:) CEO Elon Musk first made a tender offer to purchase social-media giant Twitter, the $44 billion deal finally came to a close, resembling much of the original terms despite a heated corporate tug-of-war. As a platform for news announcements, marketing, and developer-user communication in the blockchain realm, crypto enthusiasts have already begun to speculate on the future of Twitter now that it’s in the hands of the billionaire tech entrepreneur.
At the annual Web Summit in Lisbon this week, Changpeng Zhao (CZ), CEO of cryptocurrency exchange Binance, said that the first feature he would like to see Twitter implement is that of accepting crypto payments. Previously, Binance invested $500 million into the acquisition, and CZ cited support for free speech and monetization potential of the platform as the main reasons why he and the exchange decided to participate in the deal.
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