Crypto exchange Binance, Musk’s co-investor, to help Twitter with blockchain

Binance, the world’s largest crypto exchange that has invested $500 million into Elon Musk’s buyout of Twitter Inc, is creating a team to work on how blockchain and crypto could be helpful to Twitter. The newly-formed team will explore how to build on-chain solutions to address Twitter’s issues including proliferation of bot accounts.

As one of Elon Musk’s equity co-investors to fund his $44 billion deal, Binance said it will brainstorm plans and strategies that could help Elon Musk run the platform.