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eToro’s DeFi Push with Extended | Bitcoin and Crypto News
Description
eToro’s big move into DeFi just got even bigger—they’ve poured $15 million into Extended, a blockchain trading startup spun out of Revolut, to build direct onchain perpetual futures trading. This follows their $70 million Zengo wallet acquisition, signaling a full-blown Web3 push. The goal? Seamlessly integrate Extended’s trading tech into Zengo, letting users trade derivatives without surrendering custody of their crypto. With Extended already handling $245 billion in trades, and rivals like Robinhood expanding blockchain futures into real-world assets, the financial world is rapidly converging—eToro wants to be the ultimate digital finance hub.
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