Binance Makes $200M Investment In Publisher Forbes
February 10, 2022
Crypto exchange Binance is making a $200 million investment in magazine and digital publisher Forbes.
According to CNBC, the investment will make Binance one of the two biggest owners of Forbes, with the exchange also getting two directors out of nine total board seats as part of the publisher’s plan to merge with a publicly-traded SPAC (special purpose acquisition company).
This is a developing story and will be updated shortly.