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Finance · United StatesDigital trading platform eToro (ETOR) shared plans on Tuesday to tokenized U.S-listed equities on the Ethereum blockchain, joining rivals to move towards blockchain-based marketplaces.The ERC-20 tokens will represent the underlying shares held on eToro and can be redeemed back into traditional stock holdings, according to the press release. The company said the aim is to make equities tradable on-chain and compatible with decentralized finance (…See the Story
EToro Plans to Tokenize U.S. Stocks on Ethereum in Blockchain Push
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SEC · United StatesThe U.S. Securities and Exchange Commission will allow in-kind creations and redemptions for crypto exchange-traded products, a move that asset managers have sought since the regulator approved the first set of products tied to the spot price of bitcoin last year. The SEC had approved bitcoin and ether exchanSee the Story
US Securities Regulator Allows for in-Kind Crypto ETF Redemptions
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