EToro used Libra technology to launch a tokenized asset

Representatives of the company eToro, which is based in the UK, reported on successful testing of the launch of a tokenized asset on the protocol of the Libra project from Facebook.

According to data published in the repository on Github, a subsidiary of eToro, eToroX, used the Libra protocol to demonstrate the ability to run the eToken token. The company explained that in this way they wanted to test the technology of the crypto-project Libra, the announcement of which took place this week.

The eToroX blog says that the developers used the Libra protocol and the Move IR technology (an intermediate level that allows developers to use their own programming language). The team was pleased to announce the successful creation of the original version of the tokenized asset.

Despite the fact that some representatives of the crypto community approached the technology presented in the Libra project with suspicion, the eToro developers managed to prove that the achievements of Libra employees are worthy of attention and can already be successfully applied.