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Facebook Registers New Fintech Firm in Switzerland

Last Updated: May 22, 2019

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Facebook Registers New Fintech Firm in Switzerland

Facebook Registers New Fintech Firm in Switzerland

22 May 2019 Current Affairs: Social media giant Facebook apparently formed a new financial tech firm, Libra Networks LLC, in Geneva, Switzerland. Libra Networks was registered in Geneva by Facebook Global Holdings II LLC.
Facebook registered the trademark “Libra” with the United States Patent and Trademark Office back in June, which was reportedly part of its secretive in-house crypto project

About Facebook
Founded: February 2004, Cambridge, Massachusetts, United States
CEO: Mark Zuckerberg
Headquarters: Menlo Park, California, United States
CFO: David Wehner
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