eToro Invests in Extended to Expand On-Chain DeFi Derivatives

Key Facts

In a move reflecting the accelerating institutional adoption of decentralized trading technologies, eToro has invested in the on-chain derivatives platform Extended. This investment is designed to enable eToro to introduce perpetual futures to its users, with plans to integrate DeFi products directly into the Zengo wallet and its core trading platform.

This strategic shift occurs as traditional brokerages race to expand their on-chain offerings to compete with rivals like Robinhood, which has already expanded its crypto wallet services globally. Per market data, traditional brokers are moving to capture the growing volume in decentralized derivatives seen over the past quarter, leading firms like eToro to strengthen their technical infrastructure through strategic partnerships.

Operationally, traders are watching how this integration will impact platform liquidity and user experience once perpetual futures are launched. Regarding upcoming catalysts, investors are eyeing the Lagarde speech on June 29, 2026, and the Chinese Manufacturing PMI on June 30, 2026, as these events typically influence risk appetite across digital assets and fintech equities.