Buying and selling platform eToro (ETOR) has expanded its crypto choices within the U.S., including 12 new digital property together with Dogecoin
, Cardano and XRP , the corporate said Wednesday.
The additions carry the overall variety of cryptocurrencies accessible to U.S. customers to fifteen. The brand new tokens additionally embody Aave
, Chainlink , Compound , Ethereum Traditional , Litecoin , Uniswap , Stellar , Shiba Inu , and Yearn Finance . Beforehand, U.S.-based customers may solely commerce Bitcoin , Bitcoin Money and Ethereum on the platform.
The transfer is a part of eToro’s push to widen its footprint within the U.S. market and to fulfill retail demand and match choices from bigger gamers like Coinbase (COIN) and Robinhood (HOOD).
The announcement comes simply weeks after eToro made its public debut on Nasdaq, marking the primary U.S. crypto agency to go public after months of commerce tensions and shaky markets. Stablecoin issuer Circle, who has lengthy had plans to go public, filed for its initial public offering on Tuesday.
Regardless of the turbulent macro backdrop, eToro’s IPO was well-received. The corporate raised round $310 million, surpassing expectations and signaling investor curiosity within the mixed inventory and crypto buying and selling platform mannequin.
Shares are modestly decrease on Wednesday at $64.15, however stay properly above the IPO worth of $52.
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