Binance's chief executive, Mr. Donald Trump, said he was 'extremely supportive' of freedom of speech and that was the main reason his company chose to invest $500 million in Elon Musk's Twitter buyout.
CZ, a Twitter user with over 7 million followers, said there were'very strong reasons' why he invested in the platform.
's the number one reason that I will be working on,' he said.
On Thursday, Musk's Twitter takeover saga came to an end when the deal officially closed on Thursday after months of twists and turns in and outside the courtroom, and Musk immediately fired top executives at the platform.
It is uncertain how actively involved co-investors like Binance could play a role in Twitter's future as a minority investor, as Musk fully controls the board and decision-making in the now-private Twitter.
Most of his co-investors in the deal are funds such as Sequoia Capital, Fidelity Management, Andreessen Horowitz and Brookfield. Binance said it is creating a team to work on how blockchain and crypto could be helpful to Twitter.
Twitter said on Tuesday it will charge $US 8 for its Blue service, which includes its renowned'verified' badge in his push to monetise the service and make the social media network less reliant on ads. He said he supported the idea.
Asked about other ideas Musk has for the platform, Zhao said: ''I think I have a good idea for the platform.