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Trading and investing platform eToro has announced plans to launch tokenized US stocks as ERC-20 tokens on the Ethereum blockchain.
The upcoming rollout will include the 100 most popular US-listed stocks and ETFs, tradable 24/5 as blockchain-based assets, the company said on Tuesday.
According to eToro, users will eventually be able to transfer tokenized stocks off the platform into self-custody or DeFi protocols. “Yes—that is 100% the objective here,” a spokesperson told Cointelegraph.
“Users can buy a tokenized stock on eToro, redeem it to the eToro wallet and from there to their own wallet, etc.—and then bring it back to eToro if they wish to.”
“Tokenization removes boundaries, providing transparency and control. It has the potential to democratize finance, making assets more accessible to more people,” said Yoni Assia, the CEO and co-founder of eToro. The company has been involved in the tokenization of RWA assets for some time. In 2019, it launched tokenized versions of gold and silver.
Related: Avalanche gains $250M RWA boost with Grove, Janus Henderson funds
RWA tokenization full steam ahead
The move from eToro to tokenize stocks comes as the onboarding of real-world assets on blockchain rails continues to gain steam.
On June 30, 2025, Robinhood launched a new layer-2 blockchain built on Arbitrum to tokenize US stocks. The new L-2 gives European investors access to over 200 stocks and ETF tokens, with zero commissions and tradeable 24/5.
Also at the end of June, Backed Finance, a Switzerland-based tokenized RWA issuer, launched over 60 tokenized stocks on ByBit, Kraken, and across various Solana DeFi protocols. The stocks include blue chips like Netflix, Meta, Tesla, and Amazon and crypto firms like Coinbase.
The “xStocks” are currently unavailable in the US or other prohibited jurisdictions.
Tokenized stocks still represent a small portion of the total tokenized RWA market. According to data from RWA.xyz, stocks onchain account for $418 million in total value, while the total RWA market exceeds $21.3 billion at this writing.
With a relatively low market cap, many believe tokenized stocks have plenty of room for growth. At the TokenizeThis conference in New York, STOKR’s CEO, Arnab Naskar, said that while the market is difficult to predict, it is “definitely a bigger trillion-dollar market.”
Magazine: TradFi is building Ethereum L2s to tokenize trillions in RWAs — Inside story
Unlock the Secrets of Ethical Hacking!
Ready to dive into the world of offensive security? This course gives you the Black Hat hacker’s perspective, teaching you attack techniques to defend against malicious activity. Learn to hack Android and Windows systems, create undetectable malware and ransomware, and even master spoofing techniques. Start your first hack in just one hour!
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