eToro Plans Potential Launch of Tokenized US Stocks as ERC-20 Tokens on Ethereum Network

Key Points

1. eToro plans to tokenize the 100 most popular US-listed stocks and ETFs as ERC-20 tokens on Ethereum, allowing 24/5 trading and self-custody options.

2. Tokenization removes traditional barriers to stock ownership, providing transparency and control, according to CEO Yoni Assia.

3. The initiative is part of a broader trend in real-world asset (RWA) tokenization, with the RWA market valued at $21.3 billion, though tokenized stocks currently represent only $418 million.

4. Tokenized stocks on Ethereum offer decentralized ownership, increased liquidity, and flexibility, aligning with eToro's vision of democratizing finance.

5. Users can transfer tokenized stocks to self-custody wallets or DeFi protocols, enabling full ownership and control beyond the eToro platform.