eToro backs Extended with $12.5M for self-custody perps venue
The investment closes the loop on eToro's Zengo wallet acquisition: Extended becomes the order-book perps engine bolted onto a self-custody wallet sitting inside a regulated broker.
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The investment closes the loop on eToro's Zengo wallet acquisition: Extended becomes the order-book perps engine bolted onto a self-custody wallet sitting inside a regulated broker.
The tokenomics overhaul is the structural story — 99% of daily fees routed to buybacks plus a bi-weekly burn down to a 3B supply target — but Wednesday's session proved protocol-level catalysts still…