EToro’s Bold Move: Tokenizing U.S. Stocks on Ethereum to Disrupt Traditional Finance
Wall Street's paper-based dinosaurs just got a blockchain-sized headache. EToro—the social trading platform that made crypto accessible to the masses—is bridging the gap between TradFi and DeFi by bringing tokenized U.S. stocks to Ethereum.
Why This Matters
Forget IOUs or synthetic assets—these would be the real deal, with blockchain's 24/7 trading and transparency perks. Imagine buying fractional Tesla shares at 2 AM while Wall Street sleeps (or counts its offshore profits).
The Fine Print
Regulatory hurdles? You bet. But EToro's playing the long game—leveraging Ethereum's security while betting regulators will eventually cave to investor demand. After all, nothing moves slower than finance... except maybe SEC approval timelines.
Bottom Line
Another brick in the wall of institutional crypto adoption—and another reason your broker's 0.5% custody fees look increasingly ridiculous.