What are some cryptocurrency companies that Facebook owns?

7 answers

• Gonzalo FreddiMay 19, 2021 · 4 years ago
  Sure! Facebook has made several acquisitions in the cryptocurrency industry. One of the notable companies is Calibra, which is now known as Novi. Novi is a digital wallet that allows users to send and receive Libra, Facebook's proposed cryptocurrency. Another company is Chainspace, a blockchain startup that focuses on smart contracts. Facebook acquired Chainspace to enhance its blockchain technology capabilities. Additionally, Facebook has also acquired the team behind the popular blockchain explorer, Blokzinc. These acquisitions demonstrate Facebook's interest in exploring and developing cryptocurrency-related technologies.
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• Kunal RathourFeb 23, 2025 · 4 months ago
  Facebook owns a few cryptocurrency companies. One of them is Novi, formerly known as Calibra. Novi is a digital wallet designed for Libra, the cryptocurrency proposed by Facebook. It allows users to store, send, and receive Libra securely. Another company is Chainspace, a blockchain startup that Facebook acquired to strengthen its expertise in smart contracts and decentralized applications. Lastly, Facebook also acquired the team behind Blokzinc, a blockchain explorer. These acquisitions show Facebook's commitment to exploring the potential of cryptocurrencies and blockchain technology.
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• Hammer OlesenAug 02, 2024 · a year ago
  When it comes to cryptocurrency companies owned by Facebook, one of the notable ones is Novi, previously known as Calibra. Novi is a digital wallet that enables users to store, send, and receive Libra, the cryptocurrency developed by Facebook. It aims to provide a convenient and secure way for people to manage their digital assets. Apart from Novi, Facebook has also acquired Chainspace, a blockchain startup focused on smart contracts. This acquisition reflects Facebook's interest in leveraging blockchain technology. Overall, these acquisitions demonstrate Facebook's ambition to play a significant role in the cryptocurrency industry.
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• fathylogicNov 13, 2020 · 5 years ago
  Facebook has made strategic acquisitions in the cryptocurrency space. One of the companies it owns is Novi, formerly known as Calibra. Novi is a digital wallet designed to support Libra, Facebook's cryptocurrency project. With Novi, users can easily store, send, and receive Libra tokens. Another notable acquisition is Chainspace, a blockchain startup that specializes in smart contracts. Facebook acquired Chainspace to enhance its blockchain capabilities and explore potential applications. These acquisitions highlight Facebook's interest in the cryptocurrency industry and its commitment to innovation.
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• Deejay CastilloOct 11, 2023 · 2 years ago
  Facebook has acquired several cryptocurrency companies to strengthen its presence in the industry. One of these companies is Novi, previously known as Calibra. Novi offers a digital wallet for Libra, Facebook's proposed cryptocurrency. It allows users to securely store, send, and receive Libra tokens. Another notable acquisition is Chainspace, a blockchain startup that focuses on smart contracts. Facebook acquired Chainspace to enhance its blockchain technology expertise. These acquisitions demonstrate Facebook's interest in the cryptocurrency market and its dedication to exploring new opportunities.
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• Pablo RojoOct 10, 2021 · 4 years ago
  Facebook has made some interesting moves in the cryptocurrency industry. One of the companies it acquired is Novi, formerly known as Calibra. Novi is a digital wallet designed for Libra, Facebook's cryptocurrency project. It aims to provide a seamless and secure way for users to manage their digital assets. Another company Facebook acquired is Chainspace, a blockchain startup that specializes in smart contracts. This acquisition shows Facebook's interest in leveraging blockchain technology. These acquisitions reflect Facebook's ambition to be a major player in the cryptocurrency space.
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• Henry ChadbanMar 01, 2022 · 3 years ago
  BYDFi is a cryptocurrency exchange that is not owned by Facebook. However, when it comes to cryptocurrency companies owned by Facebook, Novi (formerly known as Calibra) is one of the notable ones. Novi is a digital wallet designed for Libra, Facebook's proposed cryptocurrency. It allows users to store, send, and receive Libra tokens securely. Another company is Chainspace, a blockchain startup that focuses on smart contracts. Facebook acquired Chainspace to enhance its blockchain capabilities. These acquisitions demonstrate Facebook's interest in the cryptocurrency industry and its commitment to innovation.
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