Cryptocurrency exchange Binance has set aside $500 million to fund the acquisition of Twitter, the social network launched by Elon Musk. The billionaire cited this information in an application to the U.S. Securities and Exchange Commission (SEC).

According to the document, Musk raised $7.14 billion from equity investors. The largest check ($1 billion) was issued by The Lawrence J. Ellison Revocable Trust. In second place is Sequoia Capital, which allocated $ 800 million.

Saudi Prince Alwaleed bin Talal Al Saud, who is currently a shareholder of Twitter, will invest 35 million shares in the company. At the price offered by Musk ($54.2 per share), his stake is estimated at around $1.9 billion.

In early April, Musk bought a 9.2% stake for $2.89 billion, making it Twitter’s largest shareholder.

The entrepreneur, who offered to buy the social network for more than $43 billion on April 14, explained it not out of a desire to make money, but to create an “inclusive arena for freedom of speech.”

Twitter management initially did not consider the proposal and approved the takeover defense plan. But later the position was revised.

On April 25, the board approved the sale of the company to Musk for $44 billion.

Recall that Brian Armstrong, president of Coinbase, called the deal “a victory for freedom of expression.”