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Shenchao TechFlow reports, July 3, according to The Block, trading platform eToro announced on July 2 local time that it led a $12.5 million strategic funding round for on-chain perpetual futures exchange Extended, with Jump Crypto also participating in this round.
This funding is closely tied to eToro's strategic partnership with its self-custody wallet Zengo, and both parties will jointly explore the integration of traditional financial assets with decentralized trading environments, expanding on-chain access channels to global financial markets.
Extended was founded by former Revolut employees and opened for trading at the end of 2024, built on StarkWare's on-chain scaling engine StarkEx.