Crypto exchange Binance takes $200M stake in Forbes ahead of SPAC IPO

  • Article

Name

Crypto exchange Binance takes $200M stake in Forbes ahead of SPAC IPO

Description

Forbes communicated it received a $200 million investment from the cryptocurrency exchange Binance, to help support its SPAC IPO.

Types

Article

Authors

Sara Fischer

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Claims from

Members of Forbes' leadership, including those from the Forbes family, were more interested in a private buyout from a bid led by investment firm GSV.

Cover

Publish date

02

Month
/

10

Day
/

2022

Year

12

:

00

am

Publisher

Axios

Tags

Axios coverage on Forbes acquisition attempts

Topics

Forbes takeover attempts

Web URL

https://www.axios.com/2022/02/10/binance-crypto-forbes-investment-media