Posts tagged crypto
Facebook's cryptocurrency could be a $19 billion revenue opportunity, Barclays says

Facebook's cryptocurrency could be worth $19 billion?

  • Payments could help Facebook develop an entirely new revenue stream aside from advertising — something “sorely needed at this stage of the company’s narrative,” says Barclays internet analyst Ross Sandler.

  • Barclays see as much as $19 billion in additional revenue in its “upside case” for Facebook by 2021 if its cryptocurrency plans work out.

  • The social media giant is reportedly developing a cryptocurrency to use for peer-to-peer payments.

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