The CEO says that Etoro New Year may launch his Blockchain.

The Israel Stock Trade Company, which went recently general In May in NasdakHe said that the different ecosystems of “four or five” different Blockchain, and refused to define the systems. It was quick to say that any launch is not imminent. However, if Etoro decides to place a portion of its operations on Rails Crypto, the Crypto Industry Lingo series for lightweight Blockchain is built on top of another one-

He said: “We cannot run the millions of transactions that we treat on a monthly basis on a monthly basis on the current Blockchains.” “We will need, by definition, to get a custom Blockchain if we want to run the entire EToro ecosaria.”

The shares of the company have decreased by almost 4 % since the opening of the markets on Tuesday.

ASSIA’s comments came immediately after his mediation on the Internet, which allows users to trade both shares and cryptocurrencies, Declare Tuesday that she was planning to launch symbolic shares on Blockchain ethereum. The distinctive symbol indicates the act of placing stocks in Blockchain covers, which theoretically allows traders to buy and sell stock more quickly without a medium man.

Distinctive shares on EToro will be trading 24 hours a day, five days a week, and will include 100 of the most popular companies and the Federation of Investment Funds circulated in the United States, according to the announcement. Assia said online brokerage first opens access to Blockchain assets for users only in Europe on the basis of the waiting list.

Rubnafoul echoes

Etoro plans for their Blockchain shares and distinctive shares reflect similar moves from its Robinhood rival.

In late June, the CEO of Robinhood Vlad Tenev He said His company allowed customers in the symbolic stocks of the European Union for public companies and American federations. She also said that she plans to launch her Blockchain using technology from the ETHEREUM Layer-2 series. (The 2S layer is variable of the side chains, and it is also built on top of the other Blockchains, and offers faster and cheaper transactions.)

Both Assia, who is sectioned The benefit of the distinctive stocks for more than a decade, and TENEV argues that the distinctive symbol reduces the costs of merchants and helps the markets to work 24 hours a day, seven days a week.

Still, critics He says Distinguished stocks can be a strategy to circumvent the general disclosure requirements of companies circulating. As part of the Distinguished Arrows Declaration, Robinhood said it would allow traders to buy and sell symbolic shares in Openai, Ai Beheemoth. After advertising, Openai Fire He did not declare or support Robinhood.

While Etoro’s distinctive stock offers do not currently include private companies, Assia said that he is looking into the matter: “This is definitely on the radar. I think we will see it in the near future.”