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Digital Currency Revolution Series: TRON (TRX) Available on eToro After Acquisition of Danish Blockchain Startup Firmo

Tel Aviv-based social trading platform eToro has announced about its acquisition of Copenhagen-based blockchain firm Firmo, who is the smart contract infrastructure provider, to leverage the prosperities of tokenization financial assets via blockchain. While eToro reportedly hinted about the collaboration with Firmo’s R&D team as a part of acquisition even though the terms of the deal were not publicly available.

The CEO of eToro, Yoni Assia said that “this acquisition is a game changer for eToro as it will help boost our growth in the future tokenized economy,” we aim to be active players in blockchain consolidation,” he added.

The acquisition follows eToro’s recent launch of its platform and crypto-asset wallet in the United States. 

With its earlier this month’s announcement that it will allow U.S. customers from 32 states and U.S. territories to trade 13 crypto-assets, eToro has now announced about the addition of trading support to Tron (TRX) as well. 

TRON is one of the largest blockchain-based operating systems in the world and the 11thlargest by its market capitalization with high-scalability and high-availability (currently, the total supply of around 99,281,283,754 TRX).

The other cryptocurrencies available at eToro platform are - BTC, ETH, LTC, XRP, DASH, BCH, XLM, ETC, NEO, EOS, ADA, and Zcash. 

Currency Strength Index: FxWirePro's hourly BTC spot index is inching towards 20 levels (which is mildly bullish), USD at 27 (mildly bullish), while articulating (at 07:38 GMT). 

For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex

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