In short
- Etoro added 12 crypto assets for US traders last year
- The new offer follows an IPO roadshow and renewed American growth ambitions
- The company arranged the costs in 2024 with a fine of $ 1.5 million and only retained 3 assets for American customers to act
Online Trading Platform Etoro announced on Wednesday that the 12 cryptocurrencies added to its American platform, as a result of which the range of digital assets in the country was expanded after its presence to be scaled back sharply due to legal limitations.
The new tokens available to American users include Cardano, Dogecoin, XRP and Shiba Inu, which bring the total number of assets of three to 15.
These tokens join Bitcoin, Ethereum and Bitcoin Cash, the only crypto assets that the company offered after a 2024 settlement with the US Securities and Exchange Commission.
“Of course we did a lot of zeal and research, and we thought with this 12, the time is now, especially in the aftermath of our IPO a few weeks ago,” Andrew McCormick, head of Etoro Us, told Decrypt. “And so [there’s a] lots of excitement, many opportunities, and we think it will be [a] Real victory for customers. “
Etoro claims to serve more than 40 million registered users in 75 countries. While the crypto activities were temporarily restricted in the US, it remains one of the largest multi-axet trading platforms worldwide.
Cryptocurrency accounted for 37% of his trade committees in the first quarter of 2025.
The expansion comes in the middle expand his American presence, including the launch of An IPO roadshow earlier this month. It focuses on a valuation of a maximum of $ 4 billion.
In September 2024, the sec organized With Etoro in a case that the platform accused of active as a non-registered broker dealer and clearing agency for offering crypto-assets considered as effects.
Etoro paid a fine of $ 1.5 million and removed dozens of tokens from his American platform, with only three of the total of 74.
“The settlement was completely voluntary and we have not admitted or denied anything,” said McCormick.
“As part of that voluntary process, we decided to remove some assets from the platform, but the settlement also gave us the opportunity to add assets on the platform when we thought the time was good and appropriate,” he added.
Edited by Sebastian Sinclair
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