eToro go tokenize 100 US Stocks as ERC-20 DeFi Tokens
eToro dey plan to release top 100 US-listed stocks and ETFs as ERC-20 tokenized stocks for Ethereum network. Dis tokenized stocks go dey trade 24 hours every day, five days every week, break free from old market time dem. Investors fit shift their ERC-20 stock tokens go their own self-custody wallets or use dem inside DeFi protocols for yield, arbitrage, and easy cross-platform transfers. CEO Yoni Assia talk say dis move go make finance more open and give users better control. Dis move dey follow the growing real-world asset (RWA) tokenization trend, where tokenized stocks make $418 million out of $21.3 billion market. Similar moves from Robinhood’s Arbitrum layer-2 and Backed Finance dey show say adoption dey increase. eToro’s tokenized stocks fit boost demand for ERC-20 tokens, increase Ethereum network use, and change how equity trading dey for decentralized finance.
Bullish
eToro wey dem dey try tokenize 100 US stocks as ERC-20 tokens for Ethereum fit mean beta thing for ETH and DeFi. For short term, e go make trading volumes, gas fees, and liquidity dey increase as traders go dey use the new stock tokens any time. For long term, if more people begin to use tokenization of real-world assets, e fit expand Ethereum use cases, attract big institution partners, and make network security strong as demand for on-chain transactions and DeFi apps go dey steady. This development go increase confidence for Ethereum as the top platform for tokenized assets.