Forbes has announced that Binance, “one of the world’s largest cryptocurrency and blockchain infrastructure providers,” is making a $200 million investment to own a part of an “iconic business information brand.” That money is part of a $400 million private investment in public equity (PIPE) arrangement set up for Forbes to go public by merging with a special purpose acquisition company, or SPAC.
Read more: https://www.theverge.com/2022/2/11/22929860/forbes-binance-spac-razzlekhan-web3-cryptocurrency?source=Snapzu
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