Overview
- eToro is partnering with CME Group to enable spot-based pricing and develop futures contracts for its tokenized stocks
- The platform’s launch leverages Europe’s MiCA regulations and the U.S. GENIUS Act to offer regulated, legally backed equity tokens
- Each ERC-20 token will represent one share or ETF unit and be compatible with DeFi protocols for use as collateral or liquidity
- To support high transaction volumes, eToro is evaluating a dedicated sidechain or layer-2 solution alongside the Ethereum mainnet
- The move builds on eToro’s tokenization experience since acquiring Firmo in 2019 and issuing tokenized gold and silver