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eToro Expands 24/5 Trading and Plans Tokenized U.S. Stocks on Ethereum

eToro Expands 24/5 Trading and Plans Tokenized U.S. Stocks on EthereumThe Defiant1 min read
eToro Expands 24/5 Trading and Plans Tokenized U.S. Stocks on Ethereum

Online brokerage eToro said it is broadening its 24-hours-a-day, five-days-a-week service to cover about 100 U.S. stocks and exchange-traded funds, widening a feature previously limited to a smaller set of securities.

The company also plans to issue tokenized versions of those equities on the Ethereum blockchain as ERC-20 tokens. Customers will be able to exchange the digital tokens for the underlying shares on eToro’s platform, a structure the firm says links traditional markets with decentralised finance.

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