eToro leads $12.5M funding round for onchain derivatives exchange Extended

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eToro’s $12.5M investment in Extended and planned Zengo integration push broker apps into on-chain perps. 100+ markets, big volume, and new risks ahead.

eToro's strategic moves into on-chain futures and self-custodial wallets could reshape crypto trading, enhancing user control and market reach. The post eToro leads $12.5M strategic investment in Extended, partners with Zengo for on-chain futures appeared first on Crypto Briefing.

eToro led a $12.5M round in Extended as it links Zengo with onchain perps and expands self-custody trading access.

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eToro has become a strategic investor in Extended, an onchain perpetual futures exchange, and said the round begins a partnership with Zengo, the self-custody wallet eToro acquired earlier this year. Neither company disclosed the investment size.

eToro led a $12.5M round for Extended, a perpetuals exchange it will integrate into its recently acquired self-custodial wallet, Zengo.