Global trading platform eToro has acquired blockchain startup Firmo Network to boost tokenized assets, according to a press release on Mar 25.

Established in 2017, Firmo platform provides infrastructure to secure smart contracts across blockchains. The goal of this acquisition is to speed up the development of tokenized asset.

“We believe that in time all investable assets will be tokenized and that we will see the greatest transfer of wealth ever onto the blockchain,” said Yoni Assia, eToro Co-founder & CEO.

As the document, Firmo members will work on the tokenization of all assets on eToro, including analyzing and building up blockchain structures for crypto representation and trading.

Commenting on the acquisition, Omri Ross, CEO and Founder of Firmo, said: “The advent of crypto and the blockchain technology that underpins it has driven an explosion in financial innovation, however, a number of challenges are preventing mass adoption and integration into legacy infrastructure. Our goal is to enable our users to trade any asset globally with instant settlement by tokenizing assets and executing all essential trade processes on the blockchain.”

The announcement claims that Firmo’s technology allows safe deployment of financial contracts on any blockchain. The system uses a domain-specific contract language called “FirmLang”, which can be adapted on blockchain platforms such as Ethereum (ETH), EOS (EOS) or NEO (NEO).

On the same day, Tron (TRX) gets listed on eToro crypto platform, making it the 15th currency available on eToro. Other 14 crypto listed for investment on eToro are Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), Litecoin (LTC), Ethereum Classic (ETC), Dash (DASH), Stellar (XLM), NEO (NEO), EOS (EOS), Cardano (ADA), IOTA (MIOTA), Binance Coin (BNB), and Zcash (ZEC).