Cryptocurrencies

Venture Capitalist Draper to Meet With Facebook on Crypto Fund

  • DFJ Athena chairman was an early backer of Skype, Bitcoin
  • Facebook is developing a coin for users to transfer funds
Tim DraperPhotographer: Patricia de Melo Moreira/AFP via Getty Images
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Venture capitalist Tim Draper is planning to meet with Facebook Inc. to discuss investing in the social network’s cryptocurrency project.

“I am interested to hear the story,” Draper said in an email to Bloomberg News. “We will see if it is a fit.”