Facebook Registers New Fintech Firm in Switzerland

Facebook has registered a new fintech firm that will center on blockchain, payments, data analytics, and investing.
Social media giant Facebook has apparently formed a new financial tech firm, Libra Networks LLC, according to a filing on the Geneva Commercial Register.Libra Networks was registered in Geneva on May 2 by Facebook Global Holdings II LLC. Per the official filing the firm provides:“…services in the fields of finance and technology, as well as the development and production of software and related infrastructure, in particular in connection with investment activities,

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