April 09 - 09:04
Facebook wants to raise $1 billion for crypto venture
Facebook is reportedly targeting investment of up to $1 billion for its cryptocurrency venture. It could launch its stablecoin this year but is seeking outside finance in order keep the project in line with the crypto community's decentralised ethos. The token is set to be usable on Messenger, Instagram and WhatsApp. NYT reporter Nathaniel Popper revealed this latest development.
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