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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Post-IPO, eToro Eyes Own Blockchain Amid Tokenized Stocks Push, CEO Yoni Assia Says Talks Underway With Multiple Ecosystems

eToro blockchain Nasdaq United States Crypto
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eToro Group Ltd. (NASDAQ:ETOR) is evaluating partnerships to potentially launch its own blockchain network, CEO Yoni Assia said on Tuesday, as the newly public trading platform seeks to handle millions of monthly transactions on crypto rails.

The Israeli online brokerage, which went public on Nasdaq in May, is in discussions with “four or five” different blockchain ecosystems about creating a sidechain, Assia told Fortune. He declined to identify the specific partners but emphasized that a launch remains months away.

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