A spotlight on newly launched eToro’s eToroX

eToro stated back in 2018 that in future where assets will become increasingly tokenized going forward, it’s important to give investors access to the resources they need to invest in the assets they want and truly consider crypto-assets as part of their long-term investment plan.

After years of continued perseverance, the eToro has now made an announcement via Twitter to unveil eToroX, a trading platform of eToro, which is in sync with their objective to introduce advanced e-Token to prudent crypto aspirants. eToroX could be accessed for the advanced crypto services and the blockchain through their cutting-edge platform which is regulated wallet.

The newly launched platform likely to render specialized service of security. The wallet abides by the superior level of compliance of licensing. The retail and institute clients of this crypto-industry will get a boost from the newly established platform. While the platform intends to provide an eclectic collection of different crypto assets, including stable coins, as well as the IT aid for tokenized securities.

We remember previous commentaries on the license by Doron Rosenblum, Managing Director of eToroX, said: “We believe that a strong system of regulation will support the mass adoption of blockchain technology, including crypto-assets. We don’t need to reinvent the wheel to regulate blockchain. Whilst blockchain brings some unique challenges to regulators, we can protect users and help support new ideas by applying the same fundamental principles as we have in other financial markets.

Furthermore, Yoni Assia, the CEO, and Founder of eToro has now commented, “We believe blockchain technology will revolutionize finance and we will see the greatest transfer of wealth over onto the blockchain.”

Currency Strength Index: FxWirePro's hourly BTC spot index is inching towards -179 levels (which is bearish), while hourly USD spot index was at -118 (bearish) while articulating (at 11:39 GMT).

For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex