| Founded | 2019 |
|---|---|
| Closed | 2022 |
| Country | USA |
| Sector | Crypto |
| Collapse type | Silent Shutdown |
Diem (formerly Libra)
"Facebook assembled the most credentialed team in crypto history to launch a global digital currency — and got regulated out of existence before shipping a single transaction"
Quiet closure with no public announcement
Key Events Timeline
Meta announced the Libra Association in June 2019 with 27 founding partners including Visa, Mastercard, PayPal, Stripe, Uber, and Spotify.
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