eToro to Launch Tokenized Stocks on the Ethereum Blockchain

BlockBeats News, July 29th, Online trading platform eToro announced that it will launch a tokenized US stock service on the Ethereum blockchain, allowing users to buy and trade tokenized US stocks on-chain as a strategic move towards a tokenized future. During a webinar held on Tuesday, eToro revealed that it will provide a 24/5 trading service for the initial 100 popular US-listed stocks and ETFs (as underlying assets), allowing users to trade outside of traditional market hours. eToro has also partnered with the Chicago Mercantile Exchange Group to launch spot price futures, which are currently available in some European markets with plans to further expand coverage.