What are the top cryptocurrency companies that Facebook owns?
Duran RossenJan 29, 2025 · 5 months ago3 answers
Can you provide a list of the top cryptocurrency companies that are owned by Facebook? I'm interested in knowing which companies in the cryptocurrency industry have been acquired by Facebook and how they are related.
3 answers
- nikita salnikovMay 17, 2023 · 2 years agoSure! 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.
- Jonatan Vázquez NavaDec 16, 2024 · 6 months agoFacebook 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.
- sohanOct 23, 2020 · 5 years agoCertainly! 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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