eToro has announced that it will introduce 24/5 trading for 100 of the most well-known U.S. stocks and ETFs, as the company prepares to revolutionise asset accessibility with tokenised equities published as ERC20 tokens on Ethereum.
As noted in a statement, users can purchase and sell a carefully chosen assortment of top U.S.-listed equities and exchange-traded funds (ETFs) around-the-clock, every day of the week, thanks to the most recent update. Trading is available much after regular Wall Street hours on the service, whose introduction will be in Europe, the United Arab Emirates, and other non-US locations.
As a result, investors can now respond instantly to breaking news, earnings announcements, and world events that occur after the closing bell. However, eToro has far higher goals in mind.
Future Ambitions for eToro
Plans to tokenize the 100 U.S. stocks and exchange-traded funds (ETFs), think Apple, Nvidia, Alphabet, Ford, and even Coinbase, and issue them as Ethereum-compatible ERC20 tokens, confirmed by the company.
With eToro’s wallet (or other compatible wallets), these tokenised equities can be freely moved on-chain, exchanged, or self-custodied. They also precisely replicate real-time share values.
Peer-to-peer transfers, 24/7 worldwide access, and smooth integration into DeFi protocols, a revolutionary development for financial transparency, ownership, and flexibility, are all made possible by tokenisation.
The tokens have support and governance by law, taking advantage of advancements in regulation such as the U.S. Genesis Act and Europe’s MiCA framework. As needed, investors can buy, sell, or redeem their tokenised equities to return to traditional equity holdings, facilitating a smooth transition between traditional and decentralised finance.
Due to its strategy, eToro is leading the way as the global financial system transitions to borderless, blockchain-powered, round-the-clock investing. A break from the past and a look at how all assets, from equities to real estate, may someday exist on-chain is evident by the combination of tokenised assets and 24/5 trading.
In addition to motivating rivals, eToro’s move could empower a rapidly expanding class of globally educated, tech-savvy investors who are looking for independence, access, and creativity as financial markets change.
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