Fb Crypto Undertaking Seals $10M Funding Every From Visa, Mastercard, Paypal, Uber By Cointelegraph

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Fb (NASDAQ:) has allegedly sealed backing from over a dozen companies that embody Visa (NYSE:), Mastercard (NYSE:), PayPal and Uber (NYSE:) for its soon-to-be-unveiled cryptocurrency undertaking. The information was reported by the Wall Avenue Journal (WSJ) on June 13.

Supply ostensibly accustomed to the matter advised the WSJ that the companies — extending throughout the finance, e-commerce, enterprise capital and telecoms industries — have every invested round $10 million in a consortium that may govern Fb’s forthcoming digital token, dubbed Libra.

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