Facebook’s Crypto Shopping Spree Isn’t Over Yet. Here’s Who Else They Might Acquire.

17

Facebook’s crypto ambitions are reportedly not limited to its acquisition of blockchain startup Chainspace, according to The Information. Facebook Has Met with at Least Three More Crypto Startups Citing unnamed sources, the publication said Facebook has been eyeing several blockchain startups with a view of making acquisitions. Some of these firms include Algorand, Basis and Keybase. Around two months the social media giant reportedly held discussions with stablecoin startup Basis. This was after Basis had signaled that it was shutting down in mid-December over regulation concerns. However, nothing materialized from the discussion. Facebook’s Plans to Develop a USD-Pegged Cryptocurrency Interestingly,

The post Facebook’s Crypto Shopping Spree Isn’t Over Yet. Here’s Who Else They Might Acquire. appeared first on CCN


Facebook’s Crypto Shopping Spree Isn’t Over Yet. Here’s Who Else They Might Acquire. written by Mark Emem @ https://www.ccn.com/facebooks-crypto-shopping-spree-isnt-over-yet February 7, 2019 Mark Emem

Comments are closed.