The trading and multi-asset brokerage company eToro has trial tested the capabilities of Facebook’s Libra. It was a successful trial for issuing the tokenized assets on Libra protocol.

According to Github, the firm was testing to build eTokens on Libra. The eToken is the technology for the tokenized assets of eToro. The firm’s researchers wanted to examine the current potentials of Libra. They finally implemented an initial version of eToro tokenized assets on Libra. It was done by using Move IR, an intermediary layer that will be the final programming language.

Dr. Omri Ross, eToroX’s chief blockchain says that the work of the Libra team in designing Move IR is appreciative. The firm is looking forward to the upcoming developments. Many firms are embracing Facebook’s Libra while many are raising voice against it.

Recently, after the release of the whitepaper of crypto project Libra, Maxine Waters, head of the U.S. House of Representatives Financial Services Committee raised opinion against it. In her opinion, she said to halt activities related to Libra.