EToro to Tokenize US Stocks on Ethereum Network for 24/7 Trading

eToro Group Ltd. plans to launch tokenized versions of US-listed stocks, enabling customers to trade equities at any time of day. Though the company declined to specify when the offering would begin, it said it would likely start in Europe.

The trading and investing platform will issue the assets as ERC20 tokens on the Ethereum blockchain. Once live, users will be able to trade shares 24/7 and transfer the tokenized stocks between eToro digital wallets. The company added that it will soon offer 24/5 trading with an initial list of 100 US-listed stocks and ETFs.

“This is really the beginning ...