BlockBeats News, July 3rd, eToro announced a $12.5 million strategic investment in the blockchain-based perpetual futures trading platform Extended, with Jump Crypto also participating in this investment round. This funding is closely tied to eToro's strategic partnership with the self-custody wallet Zengo, exploring together the integration of traditional financial assets with a decentralized trading environment to expand online access channels to the global financial market.

Extended, founded by former Revolut employees, is set to launch trading by the end of 2024, built on StarkWare's Layer-2 scaling solution StarkEx.