Facebook’s Novi will launch a pilot with Coinbase
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.
Novi, which is being rolled out in a small pilot program in the U.S. and Guatemala to start, will enable people to send and receive money abroad instantly, securely and with no fees, according to the statement.
