eToro has invested in Extended, an onchain derivatives platform, as traditional brokers expand their exposure to decentralized finance infrastructure.
eToro has invested in Extended, an onchain derivatives platform, as traditional brokers expand their exposure to decentralized finance infrastructure.
eToro has invested in Extended, an onchain derivatives platform, marking another move by a traditional trading company into decentralized finance. The investment connects the brokerage business with a crypto-native venue focused on derivatives executed through blockchain infrastructure.
eToro has invested in Extended, an onchain derivatives platform, marking another move by a traditional trading company into decentralized finance. The investment connects the brokerage business with a crypto-native venue focused on derivatives executed through blockchain infrastructure.
The deal matters because it reflects increasing competition among brokers seeking a role in DeFi. Onchain derivatives bring trading activity onto blockchain-based systems, extending the overlap between conventional brokerage services and decentralized markets.
For eToro, the investment provides exposure to infrastructure beyond its established brokerage platform. For Extended, backing from a consumer trading company links the project more closely with the traditional financial services sector.
The transaction also highlights how brokers are exploring DeFi through strategic investments rather than limiting their crypto activity to asset listings. Financial terms and further details were not provided in the supplied material.
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