eToro has recently introduced a series of updates to its trading platform, including the launch of Ethereum-based tokenized US equities and expanded trading hours. This move is part of eToro’s strategic shift towards integrating blockchain technology into its infrastructure.
Expanded Trading Hours for US Stocks and ETFs
The updates include 24/5 trading access to a wide range of US-listed stocks and exchange-traded funds (ETFs), along with the launch of spot-quoted futures in certain European markets. This extended window for trading is designed to provide users with more flexibility, particularly when dealing with global market events.
Tokenized equities issued as ERC20 tokens on Ethereum will represent shares in major US-listed companies. Users can convert between these blockchain-based tokens and their corresponding stock positions, ensuring full redemption capabilities. This new offering builds upon eToro’s existing digital asset portfolio, which already includes tokenized commodities like gold and silver.
Infrastructure Improvements and Global Demand
In the United States, 24/5 trading has been enabled for 100 prominent stocks and ETFs. The extended trading hours aim to cater to users who need continuous access across different time zones, providing more efficient entry and exit points for certain market strategies.
eToro collaborated with CME Group to launch spot-quoted futures in several European jurisdictions. These futures contracts are designed to mirror spot pricing with extended expiry dates, featuring smaller contract sizes and simplified mechanisms. This move caters to users seeking exposure to futures markets without the complexities of traditional contracts.
According to eToro officials, this product allows for seamless engagement with both traditional and crypto markets through a single trading interface. Future plans include making spot-quoted futures available in more jurisdictions.
These updates reflect eToro’s ongoing efforts to blend regulated finance with decentralized access. The company aims to make all assets on its platform available in tokenized form over the long term, citing potential benefits such as 24/7 market access and enhanced interoperability across financial ecosystems.
