American cryptocurrency brokerTagomi has joined the Libra Association, the organization responsible for the developmentdigital currency project Libra from the largest social network Facebook.
</p>“We are happy to become a member of Libra and sharegeneral mission to expand financial services coverage. We believe that the Libra project will create a simple, comprehensive and global payment system that will improve the position of billions of people who remain outside the global economy. ”Tagomi said in a statement.
Tagomi, a Chicago-based company, was founded in 2018 and offers cryptocurrency trading, storage, lending and staking services to both individual and corporate clients.
In March 2019, Tagomi received a BitLicense, a permit to work with New York residents fromEarlier that month, the company raised $12 million in a funding round led by hedge fund Paradigm.Other investors included Pantera Capital, Multicoin Capital and Four Arrows.
In May 2018 at Tagomi through the Founders Fund.invested by co-founder of PayPal and billionaire Petel Thiel. Then, Digital Currency Group Barry Silbert, Collaborative Fund and ZhenFund took part in the financing round. The total investment amounted to about $ 16 million.
At the end of 2019, there were active rumors that the company was acquired by the leading US cryptocurrency exchange Coinbase for $ 150 million, however, both sides denied this information.
Recall also that last week e-commerce giant Shopify joined the Libra Association.
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