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2019-03-12 17:00:01

Barclays: Facebook’s Cryptocurrency Could Generate $19 Billion in Additional Revenue by 2021

British multinational investment bank Barclays sees some serious upside for social media giant Facebook’s cryptocurrency. The bank forecasts a whopping $19 billion in additional revenue from this initiative, alone. Barclays Bullish on ‘FaceCoin’ Ross Sandler, an internet analyst at Barclays, said in a note to clients on Monday that Facebook’s reported cryptocurrency could generate as much as $19 billion in additional revenue by 2021. As Bitcoinist reported in late 2018, the social media mogul is reportedly workingRead MoreThe post Barclays: Facebook’s Cryptocurrency Could Generate $19 Billion in Additional Revenue by 2021 appeared first on Bitcoinist.com.