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eToro makes Tezos available for retail investors
eToro, the global investment platform with over eleven million registered users, today added the Tezos token to its platform, giving people the chance to invest in the world’s first self-amending crypto. This brings the total number of cryptoassets available on eToro to 15.
Driven by American couple, Arthur and Kathleen Breitman, Tezos is designed to make use of institutional-grade smart contracts, similar to the Ethereum blockchain. The aim is to create a ‘true digital commonwealth’ powered by the world’s first ‘self-amending’ cryptoasset.
Yoni Assia, co-founder and CEO at eToro, commented: “Tezos is making great progress and some banks are already choosing its blockchain network for security token offerings worth over a billion dollars. As we see financial institutions move more into the world of crypto, it is important that ordinary investors can take advantage of these technological developments, which is why we’re excited to be adding coins like Tezos to eToro.
“eToro is the only place you can trade traditional assets like stocks and commodities, alongside new products such as cryptos. We launched the eToro with the idea of opening up financial markets for everyone and giving investors access to the assets they want is an important part of this mission. Bringing cryptoassets like Tezos to the masses is a key part of this.”
Unlike many cryptos, there is no mining of Tezos tokens known as tez (XTZ). Instead, holders are rewarded in XTZ for taking part in the proof of stake consensus protocol. Its ‘self-amending’ mechanism also enables the Tezos network to evolve without disrupting consensus amongst its developers, lowering the risk of a hard fork. Its name comes from a Greek word meaning ‘smart contract’.
As investors increasingly seek to diversify their crypto holdings, Tezos joins Bitcoin, Ethereum, Bitcoin Cash, XRP, Litecoin, Ethereum Classic, Dash, Stellar, NEO, EOS, Cardano, IOTA, ZCASH and Tron on the eToro platform.
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Platform Veteran Geoff Towers Joins Platform One Board
Geoff Towers, the CEO of multiple platforms throughout his career, has joined the Platform One board as a non-executive director.
Mastercard Advances Instant Cross-Border Payments with TIPS Cross-Currency Pilot
Mastercard today announced its participation in a Eurosystem-led pilot, conducted in collaboration with Danmarks Nationalbank and Sveriges Riksbank, on the TARGET Instant Payment Settlement (TIPS) platform, testing instant cross-currency payments (TIPS X-CCY). Participation in the pilot represents a key milestone in Mastercard’s strategy to build direct connectivity to payment infrastructures and demonstrates how instant cross‑border payments can be executed and settled instantly at infrastructure level.
PayAngel Expands Global Payout Capabilities Through Collaboration with Visa and Currencycloud
PayAngel (https://PayAngel.com), a cross-border payments platform built by migrants and shaped by a lived understanding of the migrant journey, today announced an expanded collaboration with Visa, a world leader in digital payments. Leveraging Currencycloud, a Visa Direct solution, PayAngel will strengthen its multicurrency account and international payout capabilities.
Ryan Expands Global Presence and European Reach Through Acquisition of Svalner Atlas Advisors
Ryan, LLC (“Ryan”), a leading global tax services and software provider, today announced it has entered into a definitive agreement to acquire Svalner Atlas Advisors, a premier independent tax and transaction advisory firm headquartered in Stockholm, Sweden. The acquisition will expand Ryan’s presence across the Nordics and Benelux regions while enhancing the Firm’s ability to deliver integrated cross-border tax and advisory services throughout Europe.
Silverflow Accelerates Post-Series B Growth with New Amsterdam HQ and 20% Headcount Increase
Silverflow, the cloud-native payment processing company, is accelerating its post-Series B expansion after signing a major new US customer, increasing headcount by more than 20% and moving into a new Amsterdam headquarters to support growing global demand.
RECCo Appoints Raidiam and PayPoint to Deliver the Trust Framework for the Consumer Consent Solution
RECCo, the Retail Energy Code Company, has appointed Raidiam and PayPoint to support the development of the Trust Framework that underpins the Consumer Consent Solution (CCS) for the GB retail energy market. The appointment marks a key step towards a more secure, standardised and consumer-focused approach to data consent in energy.
Loqbox and Blackbullion Partner to Close the Credit Confidence Gap for 450,000+ UK Students
Loqbox and Blackbullion have partnered to help more than 450,000 students build stronger financial futures through accessible credit-building tools and curriculum-linked financial education.
Platform Veteran Geoff Towers Joins Platform One Board
Geoff Towers, the CEO of multiple platforms throughout his career, has joined the Platform One board as a non-executive director.
Mastercard Advances Instant Cross-Border Payments with TIPS Cross-Currency Pilot
Mastercard today announced its participation in a Eurosystem-led pilot, conducted in collaboration with Danmarks Nationalbank and Sveriges Riksbank, on the TARGET Instant Payment Settlement (TIPS) platform, testing instant cross-currency payments (TIPS X-CCY). Participation in the pilot represents a key milestone in Mastercard’s strategy to build direct connectivity to payment infrastructures and demonstrates how instant cross‑border payments can be executed and settled instantly at infrastructure level.
PayAngel Expands Global Payout Capabilities Through Collaboration with Visa and Currencycloud
PayAngel (https://PayAngel.com), a cross-border payments platform built by migrants and shaped by a lived understanding of the migrant journey, today announced an expanded collaboration with Visa, a world leader in digital payments. Leveraging Currencycloud, a Visa Direct solution, PayAngel will strengthen its multicurrency account and international payout capabilities.
Ryan Expands Global Presence and European Reach Through Acquisition of Svalner Atlas Advisors
Ryan, LLC (“Ryan”), a leading global tax services and software provider, today announced it has entered into a definitive agreement to acquire Svalner Atlas Advisors, a premier independent tax and transaction advisory firm headquartered in Stockholm, Sweden. The acquisition will expand Ryan’s presence across the Nordics and Benelux regions while enhancing the Firm’s ability to deliver integrated cross-border tax and advisory services throughout Europe.
Silverflow Accelerates Post-Series B Growth with New Amsterdam HQ and 20% Headcount Increase
Silverflow, the cloud-native payment processing company, is accelerating its post-Series B expansion after signing a major new US customer, increasing headcount by more than 20% and moving into a new Amsterdam headquarters to support growing global demand.
EXCLUSIVE: “Payments Re-Engineered” – Nigel Thacker, Silverflow and Victor Padee, Aevi in ‘The Fintech Magazine’
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