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Facebook's cryptocurrency venture to wind down

By Staff Writers

Feb 1 2022 1:15PM

After asset sale to Silvergate.

Facebook's cryptocurrency venture to wind down

Silvergate Capital has agreed to buy Blockchain Payments Network and other intellectual property assets from Meta Platforms' digital currency venture Diem Association. Diem said in a separate statement it is shutting down operations with the asset sale. Meta, formerly Facebook, first ...

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