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Facebook s cryptocurrency venture to wind down and sell assets

Meta's digital currency venture, Diem Association is winding down and selling tech assets for $200 million.

Facebook s cryptocurrency venture to wind down and sell tech assets - WSJ

Facebook s cryptocurrency venture to wind down and sell tech assets – WSJ

(Reuters) - Meta Platforms Inc's digital currency venture Diem Association is winding down and selling its technology to California-based Silvergate C.

Facebook s cryptocurrency venture to wind down

Meta Platforms Inc's digital currency venture Diem Association is winding down and selling its technology to California-based Silvergate Capital Corp for about $200 million, the Wall Street Journal reported on Wednesday, citing a person familiar with the matter.

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