Trading platform eToro (ETOR) has expanded its crypto offerings in the U.S., adding 12 new digital assets including Dogecoin
DOGE$0.22004
, Cardano
ADA$0.74874
and XRP
XRP$2.28
, the company said Wednesday.
The additions bring the total number of cryptocurrencies available to U.S. users to 15. The new tokens also include Aave
AAVE$267.14
, Chainlink
LINK$15.66
, Compound
COMP$43.17
, Ethereum Classic
ETC$18.47
, Litecoin
LTC$95.36
, Uniswap
UNI$6.70
, Stellar
XLM$0.28403
, Shiba Inu
SHIB$0.0₄14160
, and Yearn Finance
YFI$5,703.99
. Previously, U.S.-based users could only trade Bitcoin
BTC$107,658.53
, Bitcoin Cash
BCH$409.21
and Ethereum
ETH$2,636.83
on the platform.
The move is part of eToro’s push to widen its footprint in the U.S. market and to meet retail demand and match offerings from larger players like Coinbase (COIN) and Robinhood (HOOD).
The announcement comes just weeks after eToro made its public debut on Nasdaq, marking the first U.S. crypto firm to go public after months of trade tensions and shaky markets. Stablecoin issuer Circle, who has long had plans to go public, filed for its initial public offering on Tuesday.
Despite the turbulent macro backdrop, eToro’s IPO was well-received. The company raised around $310 million, surpassing expectations and signaling investor interest in the combined stock and crypto trading platform model.
Shares are modestly lower on Wednesday at $64.15, but remain nicely above the IPO price of $52.
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