Search results for eToro
Crypto
eToro leads $12.5 million investment in onchain derivatives exchange Extended
Trading platform eToro said on July 3 it led a $12.5 million strategic investment in onchain perpetual futures exchange Extended. In a post on X, eToro said the partnership focuses on expanding access to global financial markets through next-generation onchain infrastructure and exploring opportunities to connect traditional financial assets with a decentralised trading environment. Jump Crypto also participated. Extended was founded by former Revolut employees and is built on StarkWare’s StarkEx.
Crypto
UAE investors buy AI on dips, keep crypto exposure despite Middle East conflict
UAE investors have selectively bought AI and technology stocks despite rising tensions in the Middle East, showing a clear trend of rebalancing portfolios while keeping conviction in long-term growth themes. Data released by eToro showed higher allocations to software and AI infrastructure names that fell sharply in the first quarter. Crypto-related exposure also remained intact, while regulators and companies maintained operations even as security concerns and short-term risks persisted.
Crypto
eToro launches crypto services in New York three years after securing BitLicense
Trading platform eToro has launched cryptocurrency services for customers in New York about three years after obtaining the state’s BitLicense. The head of eToro’s U.S. unit, Andrew McCormick (앤드류 맥코믹), said the company will initially offer about 20 tokens within New York’s regulatory framework and expand gradually. eToro said it offers about 115 cryptocurrencies globally and plans to add staking in New York.
