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eToro to Launch Tokenized US Stocks on the Ethereum Blockchain

BlockBeats News, July 29th - Online trading platform eToro announced that it will launch a tokenized US stocks service on the Ethereum blockchain, allowing users to purchase and trade tokenized US stocks on-chain as a strategic move towards a tokenized future. During a webinar held on Tuesday, eToro revealed that it will offer a 24/5 trading service for the initial 100 popular US-listed stocks and ETFs (as underlying assets), enabling users to trade beyond traditional market hours. eToro has also partnered with the Chicago Mercantile Exchange Group to launch stock-quoted futures, which are currently available in some European markets and are planning to expand further.

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