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eToro Unveils 1:1 Tokenized U.S. Equities on Ethereum

The launch includes CME-backed spot-quoted futures, signaling a test of a dedicated sidechain for scalability.

Yoni Assia, cofounder and CEO of eToro, during his company's May IPO.
eToro to launch tokenized U.S. stocks on Ethereum
Etoro plans to tokenize u.s. stocks on ethereum in blockchain push
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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.