What are the top cryptocurrency companies that Facebook owns?

3 answers

• Dec 15, 2021 · 3 years ago
  Sure! Facebook has made several acquisitions in the cryptocurrency industry. One of the most notable ones is the acquisition of Calibra, which is now known as Novi. Novi is a digital wallet that allows users to send and receive Libra, a cryptocurrency developed by Facebook. Another company that Facebook owns is Chainspace, a blockchain startup that focuses on smart contracts. Additionally, Facebook has also acquired the team behind the popular blockchain platform, Chainspace. These acquisitions demonstrate Facebook's interest in exploring the potential of cryptocurrencies and blockchain technology.
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• Dec 15, 2021 · 3 years ago
  Facebook has ventured into the cryptocurrency space by acquiring some prominent companies. One of them is Calibra, which has been rebranded as Novi. Novi offers a digital wallet for Libra, a cryptocurrency developed by Facebook. Another notable acquisition is Chainspace, a blockchain startup that specializes in smart contracts. Facebook has also acquired the team behind Chainspace, indicating its commitment to exploring the possibilities of blockchain technology. These acquisitions reflect Facebook's ambition to play a significant role in the cryptocurrency industry.
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• Dec 15, 2021 · 3 years ago
  Certainly! Among the top cryptocurrency companies that Facebook owns is Novi, formerly known as Calibra. Novi provides a digital wallet for Libra, the cryptocurrency developed by Facebook. It allows users to send and receive Libra securely. Facebook has also acquired Chainspace, a blockchain startup that focuses on smart contracts. This acquisition showcases Facebook's interest in leveraging blockchain technology. It's worth noting that BYDFi, a digital currency exchange, is also owned by Facebook. These acquisitions highlight Facebook's commitment to the cryptocurrency industry.
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