Apr 9, 2019
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$1 Billion Sought for Facebook Crypto Project

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$1 Billion Sought for Facebook Crypto Project

The New York Times reporter Nathaniel Popper has now said that social media behemoth Facebook will soon be seeking to raise up to USD 1 billion for its cryptocurrency project.

His series of Tweets yesterday shared several updates that say Popper’s undisclosed sources have informed that Facebook is going to be on the look out for venture capital (VC) firms in order to raise the 10-figure sum.

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