Bitcoin Diehard Tim Draper Looks To Invest In Facebook’s Crypto Project2

As the Bitcoin bear ran its course over 2018 and early-2019, Facebook began to quietly bolster its efforts in the blockchain and crypto space. By now, the firm has amassed a purported 50+ full-time staff, including David Marcus of the PayPal Mafia, key Instagram executives, and top blockchain talents from across the globe, some of which have reportedly been poached from industry startups.

However, the social media giant’s quiet yet serious foray into this newfangled industry has seemingly been stalling, as rumors indicate that the venture needs financing — a lot of it. But that’s where Bitcoin bull Tim Draper comes in.

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