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Binance Takes $200 Million Stake in Forbes

By
Aidan Ryan
· · Source: CNBC

Binance is making a $200 million investment in Forbes, CNBC first reported, marking the first big traditional media investment by a crypto company. The funding is expected to help the media company close its merger with a special purpose acquisition company this quarter, according to the report. The crypto exchange will become one of the top two investors in the media company and get two out...

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Meet The Information’s New Financial Power Brokers
By Rachel Graf, Lauren Tara LaCapra, Cory Weinberg, Michael Roddan, Maria Heeter and Kate Clark · March 30, 2023 6:00 AM PDT
Photos via Goldman Sachs, Elliott Management, Bloomberg, the Berkeley Forum, JPMorgan Chase, Sequoia, UC Berkeley and YouTube.
Jamie Dimon won’t run JPMorgan Chase forever, and Marc Andreessen will one day give way to the next generation of investors. The Information has identified the bankers, executives and investors who could replace them by stepping into the upper echelons of the finance industry in the years to come. They are The Information’s New Financial Power Brokers: the people who will run...
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