news 
**eToro Launches 100 Tokenized US Stocks With 24/5 Access**
In a groundbreaking move, eToro Group Ltd has announced the launch of tokenized assets for 100 popular US stocks. This development marks a significant step forward in improving accessibility and flexibility for retail investors. The innovative feature now offers users extended trading hours of 24 hours a day, five days a week.
The platform will tokenize real-world assets such as equities, allowing users to access shares issued as ERC20 tokens on the Ethereum network. In addition, these tokenized stocks can be transferred between eToro wallets and redeemed for real shares.
This move aligns with recent regulatory frameworks such as MiCA and the Genius Act, which further promote asset tokenization in the financial sector.
The CEO of eToro, Yoni Assia, emphasized that this shift in trading hours represents a natural progression towards democratizing access to financial markets. He believes that 24/5 accessibility will not only cater to existing traders but also attract new entrants into the market, thus fostering increased liquidity and growth.
This development is further solidified by eToro’s acquisition of Danish token startup Firmo in 2019, which allowed them to expand their offerings to include gold, silver, and fiat currencies. This step forward has been met with anticipation by investors who will now be able to access the market beyond traditional hours.
Notably, this announcement follows a similar move by Robinhood Markets Inc., which announced its own tokenized US securities offering in Europe. However, eToro’s approach has avoided controversy by refraining from paired giveaways or any related issues.
In addition to these tokenized assets, eToro will be expanding its derivatives offerings through the introduction of spot-quoted futures. This step will further enhance their trading infrastructure and provide users with more choices to explore for investment purposes.
To support this growth and innovation, eToro has secured a $250 million revolving credit facility, bolstering its financial position.
Source: cryptotale.org
