https://www.siliconvalley.com/2019/10/15/facebook-20-other-companies-launch-libra-group-in-wake-of-several-defections/

Despite mounting skepticism and the lack of support from several leading financial companies, Facebook and 20 other companies have launched the Libra Council, a group designed to support and govern the already controversial Libra cryptocurrency.

In addition to Facebook, which is joining the council via is Calibra subsidiary, the group’s founding members include Uber, Lyft, Spotify, European telecom giant Vodafone and Silicon Valley venture capital firm Andreesen Horowitz. The group will be overseen by a five-member board of directors that includes David Marcus, Facebook’s own Libra project leader.