eToro has invested in Extended, an onchain derivatives platform led by former Revolut crypto head Ruslan Fakhrutdinov. Extended, which has processed over $245 billion in trading volume, supports more than 100 perpetual markets and plans to expand into spot trading and tokenized real-world assets. This move highlights the growing trend of traditional brokers entering the DeFi space, aiming to create comprehensive financial platforms. The investment underscores a broader industry shift towards integrating traditional and digital financial markets. As platforms like Coinbase and Robinhood expand their offerings to include perpetual futures and tokenized assets, the distinction between crypto exchanges and traditional brokerages is increasingly blurred. Zengo's managing director, Ouriel Ohayon, noted that eToro's investment reflects a shared belief in a digital, 24/7 trading future.