eToro to Introduce Tokenized US Stocks and ETFs on Ethereum

2025-07-29 19:06:07

Main Idea

eToro plans to introduce tokenized US stocks and ETFs on the Ethereum network, enabling 24/7 trading and borderless transactions, backed by real shares and supported by regulatory advancements.

Key Points

1. eToro will tokenize 100 top US stocks and ETFs as ERC-20 tokens, each backed 1:1 by real shares held by the company.

2. Tokenization allows assets to trade 24/7, unlike traditional markets, and enables faster, borderless transactions.

3. eToro CEO Yoni Assia highlighted blockchain as key to the 'greatest wealth transfer ever' and cited regulatory advancements like MiCA in Europe and the Genius Act in the US.

4. Other companies like Coinbase and Ondo Finance are also pursuing tokenized equities, with Ondo leveraging its broker-dealer license to develop tokenized versions of over 1,000 US equities.

5. The SEC and regulatory bodies are engaging with the industry, with SEC Chair Paul Atkins showing a pro-innovation stance, while platforms like Securitize manage billions in tokenized assets with institutional backing.