The news comes after the domain registration of Facebook for cryptocurrency platform was announced.
The company said it will use its Facebook platform to support cryptocurrency and blockchain projects.
Facebook also announced its blockchain development team.
The news is sure to make cryptocurrency enthusiasts happy as the blockchain and cryptocurrency community is growing in size.
The development of cryptocurrencies is also growing as the price of a coin fluctuates.
The average daily trading volume of a cryptocurrency is around $2,200 per coin, according to CoinMarketCap.
There are currently about 1,300 cryptocurrencies in circulation worldwide.
The domain registration comes at a time when many companies are looking to enter the cryptocurrency space.
Facebook’s domain name, facebook.com, is currently registered as “gambling site” but it will soon be “cryptocurrency exchange” or “crypto marketplace”.
Facebook also said it is developing an app for cryptocurrency traders to purchase and sell cryptocurrency.
The app is in development and will be launched in the coming months.