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Extended Completes $12.5 Million Strategic Financing Led by eToro

On July 3, eToro announced that it has led a $12.5 million strategic financing round for the on-chain perpetual futures trading platform Extended, with participation from Jump Crypto. This financing is closely tied to a strategic partnership with eToro's self-custody wallet Zengo, as both parties will jointly explore the integration of traditional financial assets with decentralized trading environments, expanding on-chain access channels to global financial markets. Extended was founded by former Revolut employees and is set to open for trading by the end of 2024, built on StarkWare's on-chain scaling engine, StarkEx.

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