Overview
- eToro will issue 100 U.S.-listed stocks and ETFs as ERC-20 tokens on Ethereum, with each token backed one-for-one by traditional shares held in custody.
- Tokenized equities will trade 24 hours a day, five days a week, and can be redeemed for underlying positions on the eToro platform.
- The platform has partnered with CME Group to introduce spot-quoted futures featuring spot-based pricing and longer-dated expiries.
- Initial access to tokenized stocks is opening to European users through a wait-list, with a full launch date yet to be announced.
- eToro is evaluating a proprietary sidechain and partnerships with layer-1 and layer-2 providers to support high-volume blockchain trading and DeFi integration.