eToro plans to launch tokenized stocks on Ethereum blockchain
Main Idea
eToro Group plans to tokenize U.S.-listed stocks as ERC20 tokens on the Ethereum blockchain, enabling 24/7 market access.
Key Points
1. eToro Group announced its plan to launch U.S.-listed stocks as ERC20 tokens on the Ethereum blockchain.
2. The initiative aims to provide 24/7 market access for these tokenized assets.
3. The tokenization will start with stocks, with the goal of eventually tokenizing every asset on eToro.
Description
More on eToro Group Ltd. eToro: Fantastic Recent IPO Offers International Exposure And Modest EBITDA Multiples eToro Group: Differentiated Model Is Positive, But Earnings Quality Is Uncertain eToro Earnings: The Good, The Bad, And The Ugly (Rating Downgrade) Peter Thiel-backed crypto exchange Bullish files for IPO eToro Q1 earnings beat on increased trading activity
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