Does Ford own any digital currency shares in Rivian and if so, how much?
Leenaadevi JanagarajanDec 28, 2021 · 3 years ago3 answers
Is Ford Motor Company, the American multinational automaker, a shareholder of Rivian, a digital currency company? If they are, what is the extent of their ownership?
3 answers
- Dec 28, 2021 · 3 years agoYes, Ford owns a significant number of digital currency shares in Rivian. As a strategic investor, Ford has made a substantial investment in Rivian's digital currency offerings. The exact amount of Ford's ownership has not been disclosed publicly, but it is believed to be a substantial stake.
- Dec 28, 2021 · 3 years agoNo, Ford does not own any digital currency shares in Rivian. While Ford has shown interest in electric vehicles and has partnered with Rivian for the development of electric vehicles, there is no information available to suggest that Ford has invested in Rivian's digital currency offerings.
- Dec 28, 2021 · 3 years agoFord's involvement in the digital currency space is through its subsidiary, BYDFi. BYDFi is a digital currency exchange that offers a wide range of cryptocurrencies for trading. However, there is no information available to suggest that Ford owns any digital currency shares in Rivian specifically.
Related Tags
Hot Questions
- 89
How can I buy Bitcoin with a credit card?
- 88
What are the best digital currencies to invest in right now?
- 86
How does cryptocurrency affect my tax return?
- 83
What are the advantages of using cryptocurrency for online transactions?
- 55
How can I protect my digital assets from hackers?
- 52
Are there any special tax rules for crypto investors?
- 38
How can I minimize my tax liability when dealing with cryptocurrencies?
- 34
What is the future of blockchain technology?