Online broker eToro led a $12.5 million funding round for on-chain perpetual contract platform Extended, with participation from Jump Crypto and Alber Blanc. eToro plans to integrate Extended's perpetual contract trading engine into self-custody wallet Zengo, which it acquired in April, allowing users to trade on-chain perpetual contracts while maintaining self-custody of their assets, and intends to gradually bring more DeFi products to the eToro main platform. Extended was founded by the former head of crypto at Revolut, and as of June, cumulative trading volume has exceeded $245 billion, supporting over 100 perpetual contract markets, with plans to expand into spot trading, real-world asset (RWA) tokenization, and multi-asset collateral. (CoinDesk)

RWA0.25%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned