Dozens of firms support Facebook’s cryptocurrency! Find out who they are!

14 Jun, 2019
by Joeri Cant
Rumor
Dozens of firms support Facebook’s cryptocurrency! Find out who they are!

Founder and partner at Morgan Creek Digital Assets, Anthony Pompliano, took to Twitter to excitedly announce the next set of firms that reportedly are backing Facebook's cryptocurrency.

Anthony Pompliano, the founder and partner at Morgan Creek Digital Assets, announced a new set of firms that are said to support Facebook's cryptocurrency.

'Don't bet against one of the most successful companies in the world', he tweeted.

The Pomp refers to an article by the Block, where they stated that they got their hands on 'consortium marketing materials', which allow them to report on dozens of firms not previously known to be involved with facebook's cryptocurrency project, codenamed Project Libra.

Just yesterday Chepicap reported that companies like Visa, Mastercard, PayPal and Uber, will be investing around $10 million each into Facebook's project, which is looking to raise at least $1 billion. 

Today we get to know some of the most prominent companies across payments, retail, and technology, that have apparently pledged their support to Facebook's future crypto coin.

So without further ado, here are some of the major name investors, such as Andreessen Horowitz, Union Square Ventures, Lyft, eBay, Spotify, Coinbase, non-profits including Mercy Corps, and many more.

Facebook is set to officially announce the full list on Tuesday, but you can already take a look at all of the companies, right here.

The pomp for one, is convinced that Facebook's cryptocurrency project Libra, is going to impact Bitcoin's adoption for the positive.

What do you think? Will 'Libra' have a positive effect on crypto in general? let us know in the poll below.

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Will 'Libra' have a positive effect on crypto in general?

(34 votes)

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