eToro will launch tokenized versions of 100 leading US-listed stocks and ETFs on the Ethereum blockchain in August 2025, marking a major shift toward on-chain equities trading. Announced during its global webinar “eToro Unlocked: Trade Without Boundaries”, the new ERC-20 tokens will offer users 24/5 trading access, mirroring the firm’s extended-hours product.
Each token will be backed 1:1 by actual shares held by eToro and can be converted back into traditional stock positions. The offering is designed to reduce trading friction, enable interoperability with DeFi protocols, and extend market access beyond traditional hours.
Once launched, users will be able to trade them 24/5, similar to eToro’s extended market products.
“Extended hours trading was the first step. Tokenization is the next leap,” said eToro CEO Yoni Assia. “By bringing equities on-chain, we’re offering accessibility, transparency, and the ability to integrate these assets into the broader DeFi ecosystem. Our goal is to tokenize every asset on eToro.”
Assia claimed that tokenized stocks obviate traditional entry points of resistance and provide investors with optionality to respond to market events at their convenience.
He also added that more recent regulations like Europe’s MiCA framework and the US’s Genius Act have brought a clearer legal path for tokenized real-world assets.
Tokenization would finally offer day-and-night access to markets, which existing traditional stock markets currently lack. eToro explained that this new system is designed to “open global markets” and enable investors to have command over what time and how they trade.
The rollout puts eToro on par with other exchanges embracing tokenized equities. Robinhood launched stock tokens for European users last month, while Kraken, Gemini, Bybit, and others have launched similar features.
eToro already has tokenization experience, having acquired Danish startup Firmo in 2019, as well as already offering tokenized gold and silver.
Ethereum developers will be available to comment on the partnership during a Q&A session on July 30. Meanwhile, ETH declined by 1.3% in the past 24 hours despite the news.
