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Ex-Meta employees raise $200M from a16z, Tiger, Multicoin to realize Facebook's crypto dreams – TechCrunch

Facebook’s audacious attempt at creating a crypto payments network met an unceremonious end earlier this year when Silvergate Capital acquired the Diem technology assets for $182 million. The deal showcased how Facebook, now Meta, is left with few regulator-blessed paths forward to become a central player in the blockchain ecosystem, a realization which has also cost […]
Katie Haun David Marcus Mo Shaikh Andreessen Horowitz Silvergate Capital Tiger Global

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