eToro, a trading and investing platform, has announced its plan to tokenize the 100 most popular US stocks and ETFs as ERC-20 tokens on the Ethereum blockchain. This initiative allows users to trade these tokenized assets 24/5 and aims to facilitate transfers to self-custody or DeFi protocols. Users will be able to buy tokenized stocks on eToro, redeem them in the eToro wallet, and eventually transfer them to their personal wallets or return them to eToro. This move is part of a broader trend of onboarding real-world assets onto blockchain technology. With the tokenization of assets like stocks, eToro's CEO, Yoni Assia, emphasizes the potential for increased accessibility and transparency in finance. This development follows similar efforts by other companies, such as Robinhood and Backed Finance, to integrate tokenized assets into their platforms. Currently, tokenized stocks represent a small fraction of the overall market, indicating significant growth potential in this sector.

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