Facebook’s cryptocurrency venture to wind down and sell tech assets
The Hindu
Meta first unveiled plans for Diem, known as Libra earlier, in June 2019, as part of an effort to expand beyond social networking into e-commerce and global payments.
is winding down and selling its technology to California-based Silvergate Capital Corp for about $200 million, the Wall Street Journal on Wednesday, citing a person familiar with the matter.
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, first unveiled plans for , as part of an effort to expand beyond social networking into e-commerce and global payments.
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