Facebook Rebrands its Crypto Wallet

Facebook's (NASDAQ: FB) digital wallet is getting a new name as the social media giant tries to bring its Libra cryptocurrency to the market. 

In a blog post, David Marcus, head of the digital wallet, said it's rebranding from Calibra to Novi. The new name was inspired by the Latin words "novus" which means new and "via" for way. 

IMAGE SOURCE: FACEBOOK.

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Source Fool.com