21 Organizations Become the Libra Council

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Date: 14 – October – 2019

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On Twitter, Libra reported that 21 member organizations would have signed the statute of the Libra Association and would have officially become part of the Libra Association Council, this Council is responsible for the governance of the Libra Association.

The organizations that become part of the Council are:

  • Anchorage 
  • Mercy Corps 
  • Andreessen Horowitz
  • PayU 
  • Bison Trails Co. 
  • Ribbit Capital 
  • Breakthrough Initiatives, L.P. 
  • Spotify AB 
  • Calibra, Inc. 
  • Thrive Capital 
  • Coinbase, Inc. 
  • Uber Technologies, Inc. 
  • Creative Destruction Lab 
  • Union Square Ventures 
  • Farfetch UK Limited 
  • Vodafone 
  • Iliad 
  • Women’s World Banking 
  • Kiva Microfunds 
  • Xapo Holdings Limited 
  • Lyft, Inc

Finally, they informed that the Libra Council appointed Matthew Davie (Kiva Microfunds); Patrick Ellis (PayU); Katie Haun (Andreessen Horowitz); David Marcus (Calibra, Inc.); and Wences Casares (Xapo Holdings Limited) as the board of directors and as the initial Association staff Bertrand Perez, Chief Operating Officer and Interim Managing Director; Dante Disparte, Head of Policy and Communications; and Kurt Hemecker, Head of Business Development. 

This is a step in the right direction for the project, however, now Libra will have to face the policymakers and many of them have expressed their opposition to the Facebook cryptocurrency.