TechCrunch: Tagomi Crypto Broker Joins Libra Association
Crypto brokerage startup Tagomi to join Libra Association, TechCrunch writes in this Wednesday. According to publication, official announcement will be done on Friday or next week.Tagomi provides a platform through which large traders and funds can access the cryptocurrency market without unnecessary obstacles.. The startup was founded by ex-investor in Union Square Ventures, which is also a member of the Libra Association, Jennifer Campbell.
To date, Tagomi has raised $ 28 million in funding from Peter Thiel, Pantera Capital, Digital Currency Group and other investors. Joining the organization will require a start-up membership fee of at least $ 10 million. Campbell and Tagomi will offer Libra technical and political support. These factors are key to launching stablecoin in 2020 as planned. Earlier, the authorities in Europe and the United States expressed their readiness to resist the encroachments of Facebook and the company on their monopoly.
The online shopping platform Shopify joined the Libra Association last week, following the withdrawal of key contributors including Visa, Mastercard, PayPal and eBay. Tagomi will become the 22nd member of the organization.
At the end of November, the media reported that the American exchange Coinbase acquired Tagomi for $ 150 million. Subsequently, the companies themselves denied this information. Coinbase is also a member of the Libra Association.
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