Facebook Secures Support From Dozens of New Firms for Its Crypto Project By Cointelegraph

Social media platform Facebook (NASDAQ:) has reportedly secured support from dozens of players in the cryptocurrency and blockchain sector for its forthcoming digital currency. The overall roster was announced by technology-focused media outlet the Block on June 14.

Earlier today, news broke that Facebook has allegedly sealed backing from over a dozen firms that include Visa (NYSE:), Mastercard (NYSE:), PayPal and Uber (NYSE:) for its soon-to-be-unveiled cryptocurrency project, dubbed “Libra.” Together, these investors form the Libra Association.

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