eToro Broadens U.S. Crypto Selection to 15 Tokens Following Nasdaq Debut

Trading platform eToro (ETOR) has significantly expanded its cryptocurrency offerings in the United States by adding 12 new tokens, including popular coins like Dogecoin (DOGE), Cardano (ADA), and XRP (XRP), the company announced Wednesday.

This update boosts the total number of cryptocurrencies available to U.S. users on eToro to 15. Along with DOGE, ADA, and XRP, the new lineup includes Aave (AAVE), Chainlink (LINK), Compound (COMP), Ethereum Classic (ETC), Litecoin (LTC), Uniswap (UNI), Stellar (XLM), Shiba Inu (SHIB), and Yearn Finance (YFI). Prior to this expansion, U.S. customers could only trade Bitcoin (BTC), Bitcoin Cash (BCH), and Ethereum (ETH) on the platform.

The move is part of eToro’s broader strategy to strengthen its foothold in the competitive U.S. market, catering to growing retail demand and rivaling major competitors like Coinbase (COIN) and Robinhood (HOOD).

This announcement comes on the heels of eToro’s recent Nasdaq debut, marking a milestone as the first U.S.-focused crypto company to go public amid turbulent economic conditions. Meanwhile, stablecoin issuer Circle also made headlines by filing for its initial public offering earlier this week.

Despite global market uncertainties, eToro’s IPO was met with enthusiasm, raising roughly $310 million and exceeding expectations, underscoring investor confidence in the hybrid stock-crypto trading model.

On Wednesday, shares traded slightly lower at $64.15 but remain comfortably above the initial $52 IPO price.