eToro is expanding its operations to the US

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eToro logo (PRNewsfoto/eToro)

Following the success of its $100 million venture round, social trading and multi asset brokerage company eToro announced that it would be expanding its cryptocurrency operations to the U.S later this year.

In addition to its expansion into the U.S. market, the company announced it will also launch its own cryptocurrency exchange desk plus a dedicated digital wallet for storing crypto assets.

eToro is launching the onboarding process with a waiting list for those who are interested with its upcoming US-based offerings. This gives users the choice to verify their registration before the official launch and also to test out a live demo of the platform.

“Consumers all over the world should have access to the tools they need to participate in cryptocurrency markets, regardless of their expertise. We’re excited to make our platform available to US users,” said Yoni Assia, eToro co-founder and CEO. “Within the platform, our US users will find rich knowledge and insights into how to effectively trade and invest in cryptocurrencies,” he added.

Following the addition of EOS to its system early this year, eToro now boasts a total of 10 cryptocurrencies being offered on its platform. The list now includes: Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ripple (XRP), Dash (DASH), Litecoi (LTC), Ethereum Classic (ETC), Stellar Lumens (XLM), and NEO (NEO). After the platform launches, all these coins will be available for trading to US users.

eToro added that it will likely include several more coins to its catalog by the end of the year.

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