Meta deliberates over selling assets of stablecoin project Diem, new report says
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Meta’s long-awaited stablecoin project Diem (formerly known as Libra) might not see the light of the day as the foundation looks to sell off its assets and pay back investors. According to recent…
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Meta-backed stablecoin project Diem has officially closed down after confirming the sale of its intellectual property rights and other technology assets to Silvergate Bank. According to a Silvergate... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author:…
Meta-backed stablecoin project Diem is now winding up the foundation and selling its technology to Silvergate Bank for $200 million, the Wall Street Journal reported Wednesday. In May 2021,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…
Meta (formerly Facebook)-backed stablecoin project Diem’s intellectual property and assets have been sold to cryptocurrency bank Silvergate Capital Corporation for US$182 million, both entities... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: NixCoin