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Facebook's New Cryptocurrency Has Huge Investors

Ramsey Baker

Summary: Facebook has secured funding for it’s cryptocurrency project from some of the biggest names in the World, according to CoinTelegraph. The project has received backing from more than 12 companies, some of the names include Visa, Mastercard, Paypal and Uber. Each company has invested around $12million in a consortium that will be in charge of ...

Facebook has secured funding for it’s cryptocurrency project from some of the biggest names in the World, according to CoinTelegraph. The project has received backing from more than 12 companies, some of the names include Visa, Mastercard, Paypal and Uber. Each company has invested around $12million in a consortium that will be in charge of Facebooks upcoming coin.

Author: Ramsey Baker

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