Blockchain

Visa Has Invested $40 Million In Cryptocurrency Startup Anchorage

Visa has invested $40 million in cryptocurrency startup Anchorage, a startup that secures cryptocurrency holdings for institutional investors.

Terry Angelos, who leads Visa’s efforts in financial tech, or fintech, said in a statement that Visa is interested in supporting “companies like Anchorage who are working to provide secure infrastructure to the growing ecosystem of digital assets.” He said that Anchorage “is building the foundation to support an array of new financial services.”

Visa and Anchorage are working along side in the upcoming Facebook’s Libra crypto coin.

News Source

June G. Bauer

Pop cultureaholic, Technology expert, Web fanatic and a Social media geek. If you have any questions or comments please feel free to email her at june@thecoinspost.com or contact her on Twitter @JuneTBauer1

Recent Posts

French Police Arrest Crypto Kidnappers After Finger Cutting

Paris, France – French police arrested several suspects this week tied to disturbing May… Read More

4 days ago

PayPal USD Plans to Use Stellar for New Use Cases

PayPal just announced big plans for its stablecoin. The company wants to bring PayPal USD… Read More

5 days ago

Binance Delists Four Major Cryptocurrencies: What You Need to Know

Binance, the world's largest cryptocurrency exchange has announced its plans to delist and pause trading… Read More

1 year ago

LocalMonero Announces 6-Month Shutdown Plan

LocalMonero, the peer-to-peer exchange platform for the privacy-focused cryptocurrency Monero (XMR), will be shutting down… Read More

1 year ago

Telecom Giant Vodafone Bringing Crypto to the Masses Via SIM Cards

The major telecom company Vodafone has unveiled an ambitious plan to integrate cryptocurrency wallets directly… Read More

1 year ago

No Evidence of Hack, Says Bitfinex CTO Amid Ransomware Gang’s Allegations

In the world of cybersecurity, claims of data breaches can cause significant concern and speculation.… Read More

1 year ago