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Facebook Cryptocurrency gets 10 mn USD Each from Visa, Mastercard, Paypal, and Uber
June 17, 2019
According to a Wall Street Journal report, Facebook’s own cryptocurrency Libra which is set to be rolled out next year is already attracting major investors. Tech giants Paypal, Visa, Mastercard, and Uber have become a part of the syndicate Libra Association which is the main body to control the virtual currency. Each of them is believed to be investing funds worth 10 million USD in the Libra project. The social media giant itself is looking to raise 1 billion USD worth of funds for the same.
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