- eToro explores launching blockchain for tokenized stocks post-Nasdaq IPO.
- Yoni Assia highlights partnership talks with top blockchains.
- Market uncertainty reflected in 4% drop in eToro shares.
Following its Nasdaq IPO in May 2025, eToro, led by CEO Yoni Assia, explores launching its own blockchain amid a push for tokenized stocks with major blockchain ecosystems.
The initiative underscores growing interest in tokenized assets, with market uncertainty visible as eToro shares fell nearly 4% following the announcement.
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eToro’s Blockchain Ambitions
eToro recently raised interest by contemplating a blockchain to support tokenized stocks. Following its Nasdaq debut in May 2025, the company aims to capitalize on new regulations facilitating digital asset opportunities, signifying a shift in digital finance.
Co-founder and CEO Yoni Assia is at the helm of this initiative. Assia has directed eToro toward tokenization, emphasizing strategic moves with Layer 1 and Layer 2 blockchain partners for an eToro side chain.
Market Reactions and Plans
The announcement stirred market reactions, with eToro’s share price seeing a 4% decrease. This drop underscores investor caution or repositioning after the strategic announcement, highlighting market sensitivity to blockchain ventures.
Plans for tokenizing stocks involve launching ERC20 tokens on Ethereum, initially covering US-listed equities and ETFs. This move extends trading hours and directly impacts how assets are transacted in global markets.
Future Prospects and Challenges
Yoni Assia remains optimistic about blockchain’s transformative potential, citing regulatory frameworks such as MiCA in Europe as opportunities. Assia remarked, “We’re now evaluating a couple of potential partnerships with both layer 1s and layer 2… So, we might launch basically a side chain of eToro.”
eToro’s blockchain ambition could pave the way for real-world asset tokenization.
Historical precedence shows challenges with tokenized stocks, including regulatory compliance. As eToro pursues this path, past attempts by institutions like Binance offer valuable lessons on navigating liquidity and regulatory landscapes.
“We’ve been long-term believers in a tokenized future. Blockchain technology will facilitate the greatest ever transfer of wealth, as traditional assets are tokenized and moved onto the blockchain…” — Yoni Assia, Co-founder & CEO, eToro
