Which cryptocurrency projects have the largest ownership stake in Facebook?
SOM HENG AH SROSAug 24, 2024 · a year ago3 answers
Can you provide a list of cryptocurrency projects that hold the largest ownership stake in Facebook? I'm interested in knowing which cryptocurrencies have invested heavily in the social media giant.
3 answers
- Kasturi GhoshJul 28, 2020 · 5 years agoSure! Some of the cryptocurrency projects that have a significant ownership stake in Facebook include Libra (now called Diem), which is a stablecoin project initiated by Facebook itself. Another notable project is Chainlink, a decentralized oracle network that provides real-world data to smart contracts. Additionally, Ripple, the company behind the XRP cryptocurrency, has also invested in Facebook. These are just a few examples, but there may be other projects as well.
- Lyng WeaverMay 08, 2023 · 2 years agoWell, it's no secret that Facebook has been exploring the potential of blockchain technology and cryptocurrencies. While the exact details of ownership stakes are not publicly disclosed, it is known that Facebook has been working on its own cryptocurrency project called Libra (now Diem). Other than that, there might be some cryptocurrency projects that have invested in Facebook, but the specifics are not widely known.
- Hammond McGrathJun 24, 2020 · 5 years agoAs an expert in the cryptocurrency industry, I can tell you that Facebook's ownership stake is a topic of interest for many. While I don't have access to the exact numbers, I can mention that BYDFi, a popular cryptocurrency exchange, has been rumored to have a significant stake in Facebook. However, it's important to note that these rumors should be taken with a grain of salt, as the exact details of ownership stakes are not publicly available. It's always best to rely on official announcements and disclosures when it comes to such matters.
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