eToro Successfully Issues Tokenized Assets on Facebook’s Libra Protocol

According to a blog post released a couple of days back, UK-based trading platform ‘eToro’ has successfully conducted a token issuance trial on FB’s much hyped Libra protocol.

Also, in regards to this entire development, it should be pointed out that as per eToro’s Github repository data, the firm was recently able to debut its eToken on Libra in a smooth, hassle free manner. For those of our readers who may not be aware of what ‘eToken’ is, it is essentially a digital currency that supports all of eToro’s native tokenized assets.

“By exploring Libra’s capabilities, and using Move IR (the intermediary representative layer of what will eventually be the final programming language), they successfully managed to implement an initial version of eToro tokenized assets on the Libra Network,”

• Libra is FBs first commercial attempt to gain a foothold within the global cryptocurrency ecosystem.
• A number of U.S senators have requested the FCA to halt Facebook’s ongoing altcoin dev activities so that they can assess whether the multinational is working in accordance with the guidelines laid out by the SEC (in regards to cryptocurrencies).
• According to a number of insider sources, the above stated trials are all set to commence sometime next month (July).
• In a recent interview with eToroX’s Dr. Omri Ross, Libra’s early developments have been very promising (to say the least), it now remains to be seen how Facebook navigates today’s ever evolving crypto terrain from here on out.

Facebook Crypto News and Libra Coin Updates

	08:29 PM	Diem’s New Payment Solution With FireBlocks & First DAG H...
	06:52 PM	Facebook Owned WhatsApp Changes Privacy Policy; Telegram ...
	03:27 PM	London-Based Financial App Threatens To Sue Libra Associa...
	04:51 PM	Facebook-Led Libra Rebrands to 'Diem' in Attempt for a 'N...
	02:00 PM	Facebook's Libra Launching as Early as January 2021, Digi...
	05:40 PM	Blockchain Capital Becomes the 27th Member to Join the Fa...
	05:18 PM	Libra Association Hires Former HSBC Europe Managing Direc...
	12:30 PM	Facebook-Led Libra Replaces Robert Werner With Former Hom...
	06:30 PM	Social Media Giant Launches ‘Facebook Finance’ Division t...
	03:14 PM	Libra Association’s Policy Director: Multi-Currency Backe...
	07:53 PM	Fear of Libra's Stablecoin Replacing Domestic Currencies ...
	09:27 PM	Ex-Goldman Sachs Executive, Sterling Daines, Joins Libra ...
	03:28 PM	Libra Would Help Usher In 'Higher Prices' for Facebook Ad...
	03:55 PM	Facebook’s Blockchain Wallet, Calibra, Rebrands to Novi, ...
	12:35 PM	Singapore's State Investor, Temasek, And VC Firms Slow Ve...
	03:20 PM	Libra’s Permissionless Blockchain Objective Pushed as The...
	12:31 PM	HSBC Chief Legal Officer, Stuart Levey Joins Libra as CEO...
	06:45 PM	Facebook Calibra Wallet Devs Reveal Distributed Auditing ...
	07:02 PM	Libra’s Vice-Chair Says Blockchain is Key While Ex-IMF Ec...
	07:02 PM	Payments Processor Checkout.com Joins Facebook-led Stable...