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eToro invests in onchain derivatives platform Extended to enhance DeFi offerings. · Cyprus Report

Business · World

eToro invests in onchain derivatives platform Extended to enhance DeFi offerings.

2 sourcesFirst reported 19 days agoUpdated 19 days ago

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eToro has led a $12.5 million investment round in the on-chain derivatives platform Extended.
The partnership aims to enhance access to global financial markets using advanced on-chain infrastructure.
eToro plans to integrate perpetual futures into its Zengo wallet and broaden DeFi products on its platform.
The investment reflects a trend among brokers to enter decentralized finance (DeFi) as competitors like Robinhood expand their on-chain services.

Generated by AI from the 2 sources below · always verify with the originals

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Summarising the coverage…

Generated by AI from the 2 sources below · always verify with the originals

All coverage (2)

eToro leads $12.5 million round in onchain perps exchange ExtendedThe Block · 19 days ago
EToro invests in onchain derivatives platform Extended as brokers race into DeFiCoinDesk · 19 days ago

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AI summary: catch up in 20 seconds

eToro has led a $12.5 million investment round in the on-chain derivatives platform Extended.
The partnership aims to enhance access to global financial markets using advanced on-chain infrastructure.
eToro plans to integrate perpetual futures into its Zengo wallet and broaden DeFi products on its platform.
The investment reflects a trend among brokers to enter decentralized finance (DeFi) as competitors like Robinhood expand their on-chain services.

Generated by AI from the 2 sources below · always verify with the originals