Online trading platform eToro announced on May 28, 2025, that it has added 12 cryptocurrencies to its US platform. Here are the details:
Background
In 2024, eToro settled SEC charges, agreeing to pay a $1.5 – million penalty. It was accused of operating as an unregistered broker – dealer and clearing agency for offering crypto assets deemed securities. After the settlement, eToro restricted US customers to trading only three crypto assets: bitcoin, ethereum, and bitcoin cash.
New Additions
The 12 new tokens include near protocol (NEAR), celestia (TIA), jito network (JTO), ronin (RON), axelar (AXL), ondo finance (ONDO), sei (SEI), injective (INJ), sui (SUI), ocean protocol (OCEAN), orca (ORCA), and osmosis (OSMO). With this addition, the total number of listed assets on eToro’s US platform has increased from three to 15.
Reasons for the Expansion
Improved Regulatory Environment: The regulatory climate in the US has become more favorable under the Trump administration. This has given eToro the confidence to expand its crypto offerings in the US.
IPO Push: eToro launched an IPO roadshow in May 2025, aiming for a valuation of up to $4 billion. Adding more tokens to its US platform is part of its strategy to attract more investors and expand its business in the US market.
Impact on Users
Andrew McCormick, head of eToro US, said that the addition of these 12 tokens offers more opportunities for customers. Users can now access a wider range of crypto assets, covering various new ideas and concepts emerging from the ecosystem, such as the app – chain thesis, tradfi on – chain, Solana DeFi and MEV, EVM – chain alternatives, and several other exciting new communities and concepts.
Related topic:
