Libra

LibraLibra
Libra

Libra

A decentralized payment network and stablecoin project launched by Meta (formerly Facebook), aiming to provide a more inclusive global payment system.

Website
DR 732019Active2Geneva, Switzerland
Rate
Advertise here

About

The Diem Association, formerly the Libra project, aimed to leverage blockchain technology for a more inclusive payment system, offering benefits to consumers and businesses, especially those underserved by traditional finance. The project developed and tested a blockchain-based payment system with innovative controls to protect users and combat financial crime, including a prohibition on anonymous transactions. Despite positive feedback on its design from regulators, the project was unable to proceed and subsequently sold its assets to Silvergate.
Frequently asked

What does Libra do?

The Diem Association, formerly the Libra project, aimed to leverage blockchain technology for a more inclusive payment system, offering benefits to consumers and businesses, especially those underserved by traditional finance. The project developed and tested a blockchain-based payment system with innovative controls to protect users and combat financial crime, including a prohibition on anonymous transactions. Despite positive feedback on its design from regulators, the project was unable to pr…

What is Libra's revenue?

StartupHub estimates Libra's annual revenue at $528K (range $400K to $708K, 64% confidence), based on comparable companies in the sector.

Where is Libra headquartered?

Libra is headquartered in Geneva, Switzerland.

When was Libra founded?

Libra was founded in 2019.

What industry does Libra operate in?

Libra operates in Fintech, Payments, Digital Payments, Blockchain, Cryptocurrency, Stablecoin.

How many employees does Libra have?

Libra has approximately 2 people on record.

HEADCOUNT
2
DOMAIN RATING
73
Comments

No comments yet. Be the first to share your take.