eToro Expands 24/5 Trading and Plans Tokenized U.S. Stocks on Ethereum
The post eToro Expands 24/5 Trading and Plans Tokenized U.S. Stocks on Ethereum appeared on BitcoinEthereumNews.com. Online brokerage eToro said it is broadening its 24-hours-a-day, five-days-a-week service to cover about 100 U.S. stocks and exchange-traded funds Online brokerage eToro said it is broadening its 24-hours-a-day, five-days-a-week service to cover about 100 U.S. stocks and exchange-traded funds, widening a feature previously limited to a smaller set of securities. The company also plans to issue tokenized versions of those equities on the Ethereum blockchain as ERC-20 tokens. Customers will be able to exchange the digital tokens for the underlying shares on eToro’s platform, a structure the firm says links traditional markets with decentralised finance. eToro cited Europe’s Markets in Crypto-Assets (MiCA) framework and the U.S. Genius Act as providing the regulatory clarity needed to roll out blockchain-based assets. The brokerage did not disclose a launch date or list the specific stocks involved. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz. Source: https://thedefiant.io/news/tradfi-and-fintech/etoro-expands-24-5-trading-plans-tokenized-u-s-stocks-on-ethereum-0452b059
The post eToro Expands 24/5 Trading and Plans Tokenized U.S. Stocks on Ethereum appeared on BitcoinEthereumNews.com.
Online brokerage eToro said it is broadening its 24-hours-a-day, five-days-a-week service to cover about 100 U.S. stocks and exchange-traded funds Online brokerage eToro said it is broadening its 24-hours-a-day, five-days-a-week service to cover about 100 U.S. stocks and exchange-traded funds, widening a feature previously limited to a smaller set of securities. The company also plans to issue tokenized versions of those equities on the Ethereum blockchain as ERC-20 tokens. Customers will be able to exchange the digital tokens for the underlying shares on eToro’s platform, a structure the firm says links traditional markets with decentralised finance. eToro cited Europe’s Markets in Crypto-Assets (MiCA) framework and the U.S. Genius Act as providing the regulatory clarity needed to roll out blockchain-based assets. The brokerage did not disclose a launch date or list the specific stocks involved. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz. Source: https://thedefiant.io/news/tradfi-and-fintech/etoro-expands-24-5-trading-plans-tokenized-u-s-stocks-on-ethereum-0452b059
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