eToro to Tokenize 100 Popular U.S. Stocks on Ethereum Blockchain
Trading platform eToro announced Tuesday that it will tokenize the 100 most popular U.S.-listed stocks and ETFs on the Ethereum blockchain. The move will allow users to trade shares as ERC-20 tokens, with 24/5 availability and potential integration into decentralized finance (DeFi) protocols.
The tokenized stocks — which will mirror publicly traded assets like Apple, Tesla, and the S&P 500 ETF — will be accessible through eToro and eventually transferable to self-custody wallets or DeFi platforms, a company spokesperson confirmed.
“Users can buy a tokenized stock on eToro, move it to the eToro wallet, and from there to their own wallet — and later bring it back to eToro if they choose,” the spokesperson said.
A Push Toward More Accessible Markets
eToro co-founder and CEO Yoni Assia said the company views tokenization as a tool for expanding access to financial markets.
“Tokenization removes boundaries, providing transparency and control,” Assia said. “It has the potential to democratize finance, making assets more accessible to more people.”
This isn’t eToro’s first step into asset tokenization. In 2019, the company launched blockchain-based versions of gold and silver, and it has been exploring tokenized real-world assets (RWAs) since.
The company says its tokenized stock offering will come with a reduced settlement risk and easier global access compared to traditional stock trading. The ERC-20 tokens will be backed 1:1 by real shares held in custody.
RWA Momentum Builds
eToro’s announcement follows a broader trend of real-world assets moving onchain. On June 30, Robinhood launched its own layer-2 blockchain — built on Arbitrum — to tokenize U.S. stocks for European investors. It currently offers more than 200 tokenized equities with zero commissions and 24/5 trading access.
Similarly, Swiss-based Backed Finance recently rolled out over 60 tokenized stocks — including blue-chip names like Meta, Netflix, Tesla, and Amazon — on exchanges like Bybit and Kraken, and through Solana-based DeFi apps.
Despite the growing activity, tokenized stocks still represent a small slice of the total tokenized asset market. According to data from RWA.xyz, onchain stocks account for about $418 million in total value — a fraction of the $21.3 billion in total tokenized RWAs as of early August 2025.
However, many industry leaders see significant room for growth. At the TokenizeThis conference in New York, STOKR CEO Arnab Naskar said tokenized equities could one day unlock a trillion-dollar market, even if the timeline remains uncertain.
Featured image from: cointelegraph.com