Diem Selling Assets to Silvergate for $200M, Ending Facebook’s Stablecoin Project
Facebook's Diem stablecoin is dead, and Silvergate will buy Diem's assets and IP for $200 million.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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Read on DecryptRelated market context
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