In an interview with CNBC, CZ Binance indicated that the primary reasons for Binance’s investment in Twitter are free expression and Web3 adoption.
Web3 Integration with Binance’s Twitter Investment
CZ stated that they wish to assist in bringing Twitter on Web3. When it comes to free expression, cryptocurrency should have a place at the table. As a result, the community is speculating on how crypto may be merged with Twitter.
Renowned cryptocurrency trader Ran Neuner says Twitter will soon introduce blockchain payments between users. He anticipates that Dogecoin, and BUSD, Bitcoin, will be accessible as payment choices for users.
Binance’s Worldwide Growth Continues
Binance appears to be in full-fledged growth mode, with ambitions to incorporate Web3 into Twitter. Binace recently formed another subsidiary in Ireland,. Last month, the Changpeng Zhao-led exchange was registered as a Financial Service Provider in New Zealand. The firm has recently registered in Spain, Italy, and France,
Binance controls more than half of the spot and futures trading activity. In order to acquire market dominance, they have announced 0% costs in Bitcoin trading in addition to expanding into other nations.