Facebook has acquired a trademark for its secret cryptocurrency project

Facebook has acquired a trademark for its secret cryptocurrency project

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Facebook has acquired a trademark for its secret cryptocurrency project Facebook Inc., the operator of the world’s largest social networking site Facebook, has acquired the Libra trademark for its secret cryptocurrency project, reports The Block, citing data from the United States Patent and Trademark Office (USPTO).

So, a little-known cryptocurrency company Libra Services Inc. Until recently, she owned the Libra trademark, but recently changed its name to Lukka. The original documentation for the Libra trademark, The Block data Documentation as of April 20, The Block data Meanwhile, the mentioned trademark now belongs to JLV LLC, registered at 1601 Willow Road, Menlo Park, CA 94025. It is noteworthy that it is based there and Facebook Inc.

Recall, just two days ago, the Wall Street Journal reported that the data from Facebook will form the basis of a new payment system, and the company is already negotiating cooperation with Visa, Mastercard, processing services and e-commerce giants. Also, the publication stated that the name of the project is Libra.

CoinDesk publication sources uncovered the name of one of the researchers involved in the development – MIT professor Christian Catalini, known for his scientific work in the field of tokenized economics. The scientist himself did not comment on this information.

You can read more about what the community already knows about the social network initiative in the exclusive ForkLog. Earlier there were rumors that Facebook, for the first time in a long time, intends to attract third-party investments in the amount of $ 1 billion just for the development of its stablebcoin.

Facebook has acquired a trademark for its secret cryptocurrency project

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