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eToro Introduces Five New Cryptoassets to the Platform
eToro, the trading and investing platform, announced today that it is adding five new cryptoassets to its platform.
The new cryptoassets are:
- LayerZero (ZRO): a cross-chain messaging protocol enabling seamless blockchain interoperability.
- ZKsync (ZK): a Layer-2 scaling solution that boosts Ethereum’s speed and lowers transaction costs.
- Pyth (PYTH): a decentralized oracle network providing real-time market data for DeFi.
- EigenLayer (EIGEN): a restaking protocol that enhances Ethereum’s security and capital efficiency.
- Swell (SWELL): a liquid staking protocol for Ethereum that offers flexibility and DeFi integration.
EIGEN and SWELL are the latest additions to eToro’s ‘experimental’ cryptoassets. This category represents cryptoassets that show potential for innovation and disruptive technologies, often exhibiting high volatility, low liquidity, and/or strong community engagement. They include memecoins, initial coin offerings and token sales, innovative products and decentralised finance (DeFi) strategies. Other experimental cryptoassets on eToro include Toncoin (TON), Pepe (PEPExM) and Official Trump (TRUMP).
“We’re pleased to announce the latest additions to our cryptoasset offering,” said Omri Ross, Chief Blockchain Officer at eToro. “We aim to offer our users access to a broad range of cryptos from longer-established, more well-known names through to ‘experimental’ tokens which represent newer projects in the blockchain space.”
Since experimental cryptoassets carry higher risks, including volume liquidity, asset stability and other considerations, there are restrictions on the value of positions that users can open in these assets depending on their eToro Club tier. These limits are in place to help manage the risks associated with trading these high-volatility assets.
eToro has been offering retail clients access to the crypto markets since 2013. eToro’s users can easily buy, hold and sell the real underlying assets of over 100 cryptoassets. These new cryptoassets are not currently available to users in the US, UAE, Germany and Australia.
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BCP Launches Criptococos, the First Crypto Banking Platform in Peru, Powered by BitGo
Banco de Crédito del Perú (“BCP”), the largest bank and the largest supplier of integrated financial services in Peru, and BitGo, the digital asset infrastructure company, today announced the launch of Criptococos, the first banking platform in Peru, to enable the secure purchase and management of crypto assets. The launch is part of a pilot project authorized by the Superintendency of Banking, Insurance, and Pension Fund Administrators (SBS) and reflects BCP’s ongoing commitment to driving innovation in the financial system.
Bakkt, Castle Island FalconX and Galaxy Select Fireblocks Trust Company for Institutional Crypto Custody
Fireblocks Trust Company, the New York State-regulated qualified custodian powered by the Fireblocks platform, today announced that it has partnered with Bakkt, Castle Island, FalconX, Galaxy, and others, offering its custody solutions to support regulated digital asset strategies across the financial ecosystem. As digital asset ETFs and digital asset treasuries (DATs), protocol launches, and collateralized lending move into the regulatory spotlight, Fireblocks Trust Company has become a critical enabler for institutions seeking compliant, secure infrastructure.
Blockdaemon and Aave Labs Announce Strategic Partnership to Expand Institutional Access to DeFi
Blockdaemon, a leading U.S. headquartered institutional-grade crypto infrastructure company, today announced a strategic partnership with Aave Labs, a core technology contributor to the Aave Protocol, to bring seamless institutional access to decentralized finance (DeFi) lending markets. Together, two trusted names with long-standing security track records are joining forces to set a new benchmark for institutional DeFi.
The Most Financially Excluded Pay More To Buy Stablecoins
With Financial Inclusion Week underway, Orbital – a global payment orchestration platform across stablecoins and traditional payment rails – has released its new Stablecoin Premiums Dashboard* which offers insights into stablecoin market data that reveals that the countries with the highest stablecoin premiums are those with populations that, on average, are more financially excluded.
Fireblocks Integrates XION, Giving Over 2,000 Institutions Access to the First Walletless Blockchain
XION, the first consumer-centric Layer-1 blockchain designed for mainstream adoption, today announced a strategic integration with Fireblocks, the industry-leading digital asset infrastructure provider trusted by 2,200 institutions to secure over $10 trillion in digital asset transactions.
CoinShares Launches ETF Offering Access to Altcoins
CoinShares International Limited (“CoinShares'' or “the Group”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF), a leading global asset manager specialising in digital assets with over $10 billion in AUM, today announced the launch of the CoinShares Altcoins ETF (ticker: DIME), an innovative U.S. ETF designed to capture the altcoin opportunity through investors' existing brokerage accounts.
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