Online trading platform eToro has announced plans to tokenize U.S.-listed stocks using the Ethereum blockchain, offering users 24/7 access to equities via decentralized finance networks.
Each ERC-20 token will represent a share held by eToro and can be redeemed for the underlying asset, blending traditional markets with blockchain functionality. The company says the initiative aligns with growing regulatory clarity around tokenized assets, citing Europe’s MiCA framework and the U.S. Genius Act.
The goal is to create secure, legally backed digital versions of real-world assets. This strategic move places eToro alongside Robinhood, Kraken, and Bybit, which recently launched similar offerings. eToro has prior experience in asset tokenization through its tokenized gold and silver products and its 2019 acquisition of Danish blockchain firm Firmo.
By bridging regulated equities with on-chain platforms, eToro aims to unlock new financial use cases and improve global access to traditional investments.
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