Iliad, the only French company involved in the project of crypto Facebook

The Wall Street Journal revealed last night that big names in the payment industry such as Visa, Mastercard (NYSE:MA) or Paypal will be partners of Facebook in the framework of the management and administration of its crypto-currencies.

The newspaper Les Echos reveals ausjourd’today only one French company will participate in the project : Iliad (PA:ILD), the parent company of Free.

The company would have paid a ticket of $ 10 million to get a ” knot “, and have a most within the Swiss foundation, which will manage the crypto-currency of the social network.

Note that this is not the first time that Xavier Niel, owner of Iliad, shows the interest for crypto-currencies, having already invested € 100,000 in the last month in Sorare, a company specializing in the blockchain.

Like this post? Please share to your friends:
Leave a Reply