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How many cryptocurrency companies does Facebook own?

avatarJeoff CamdenDec 16, 2021 · 3 years ago3 answers

Can you tell me how many cryptocurrency companies Facebook currently owns? I'm curious to know if they have any significant investments in the crypto industry.

How many cryptocurrency companies does Facebook own?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! As of my knowledge, Facebook currently owns one cryptocurrency company, which is Calibra. Calibra is a subsidiary of Facebook and it is responsible for developing the Libra cryptocurrency. However, it's worth noting that Libra has faced regulatory challenges and has not been launched yet.
  • avatarDec 16, 2021 · 3 years ago
    Well, Facebook owns one cryptocurrency company called Calibra. Calibra is working on developing the Libra cryptocurrency, which aims to provide a global digital currency that can be used for everyday transactions. However, due to regulatory concerns, the launch of Libra has been delayed.
  • avatarDec 16, 2021 · 3 years ago
    To the best of my knowledge, Facebook owns one cryptocurrency company, which is Calibra. Calibra is a subsidiary of Facebook and it is focused on developing the Libra cryptocurrency. However, it's important to mention that the Libra project has faced criticism and regulatory scrutiny, leading to delays in its launch. It will be interesting to see how Facebook's involvement in the cryptocurrency industry unfolds in the future.