Blockchain Capital joins the Facebook crypto project Libra

The Libra Association is slowly approaching its target of 100 members.

Libra, Facebook’s blockchain project, is growing steadily in the run-up to its start despite all the adversities

Another well-known company in the industry has now been won over as a member of the Libra Association, which is responsible for managing the project.

The company concerned is block Chain Capital, one of the largest investment Bitcoin Bank in the block chain industry, such as the Libra Association officially on September 18, tells .

Blockchain Capital is thus one of the 26 founding members of the Libra „Association“ and is intended to help build a „payment system that enables better participation“

Bart Stephens, one of the co-founders of Blockchain Capital, says that „using blockchain technology to improve people’s participation in the financial system“ was already one of the most important goals of his investment firm.

The Libra Association was established in June 2018 launched after Facebook had initially released a white paper for the associated block chain and cryptocurrency Libra. Initially, the organization had several well-known founding members , including Mastercard, PayPal, Visa, Stripe, eBay, Coinbase, Andreessen Horowitz and Uber. However, several original members have since left Libra amid massive political pressure on the project from governments around the world.