Facebook Libra’s Crypto Wallet Calibra Left Its Place To Novi2 min read

Facebook Novi

Facebook has made a new development in the cryptocurrency Libra, which has been known to be working for a while. The company announced that it has created a new wallet for Libra and called this wallet “Novi”.

Facebook has been interested in cryptocurrencies for a while now. In this context, the company even created a cryptocurrency called “Libra”, but even this cryptocurrency has disturbed the governments, and even if the project has been going on for a while, the process is quiet. Now, Facebook has announced its new wallet “Novi”, which it has prepared for the cryptocurrency Libra.

In fact, Facebook created a wallet for Libra in recent times and announced the name of this wallet as “Calibra”. Even Facebook, which wanted to ensure the best management of the process, had established a subsidiary called Calibra, which was responsible for the development process of Calibra. With the latest development, Calibra was replaced by “Novi Financial”.

The Libra detail in Novi’s logo does not go unnoticed

In the statements made by Facebook, the logo of Novi was also included. When we take a closer look at this logo, we can clearly see that the Libra icon is also embedded in Novi. This development reveals that Facebook continues its work on Libra and perhaps is working on something more comprehensive. However, the company declined to make a detailed statement on the subject.

Facebook is high on the cryptocurrency industry

When Facebook first entered the cryptocurrency industry, it was only planning to develop Libra. However, the subsequent statements revealed that the company wanted to have a more comprehensive and compatible national currency. For example, Facebook’s cryptocurrency or units will be of a type that can be purchased in exchange for the dollar and the euro in the future.

Facebook said that it would be as easy to send messages with Libra as sending messages in recent statements. Already, the company’s plans include using this crypto money in applications such as WhatsApp and Facebook Messenger. So users can send money to each other on WhatsApp and Facebook Messenger. Moreover, users will benefit from this service at no additional surcharge.

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