Coinbase stock rises after Facebook taps it for help on new cryptocurrency project
Facebook launched its new digital wallet for cryptocurrencies called Novi Tuesday, and it hired Coinbase to help with the logistics. In an announcement out early Tuesday, Coinbase said it would be storing the cryptocurrencies that Facebook will offer to users who sign up for the early test version of the Novi wallet.
https://www.cnbc.com/2021/10/19/facebook-taps-coinbase-for-digital-wallet-novi.html