Mark Zuckerberg
Just can’t quit the concept of creating his own payments system.
Facebook Parent Meta Is
Working on several financial products to add to its platforms – including a virtual coin for use in its planned metaverse
Company Employees
Have nicknamed the tokens “Zuck Bucks” in a nod to the Facebook founder.
“Zuck Bucks” Are Expected
To be a form of in-app currency controlled by Meta rather than another cryptocurrency linked to blockchain technology
Meta Cut Ties With
Its first doomed foray into crypto earlier this year following pushback from regulators.
Zuckerberg’s Company Is Also
Dabbling in non-fungible tokens, or NFTs. Earlier this year, the billionaire confirmed that Meta would be “bringing NFTs to Instagram in the near term.”