7 January, 2025: eToro, the trading and investing platform, announced today that it has added five new cryptoassets: Tellor (TRB), Etherfi (ETHFI), Raydium (RAY), THORChain (RUNE), and Dog Wif Hat (WIF) to its platform.
“With bitcoin having reached the $100k milestone and major altcoins gaining significant momentum, analysts are predicting a potential ‘altcoin season’ in 2025,” said Omri Ross, Chief Blockchain Scientist at eToro. “The crypto market is once again showcasing its potential as a hub for innovation and opportunity, with altcoins driving the next wave of blockchain advancements. We continue to expand the range of cryptoassets on eToro so that our users can gain access and exposure to a wide range of assets and the groundbreaking potential of blockchain technology.”
The new cryptoassets include:
- Tellor (TRB): a decentralised oracle network built on the Ethereum blockchain that offers a secure way for smart contracts to place data on-chain;
- Etherfi (ETHFI): a decentralised finance platform built on the Ethereum blockchain that offers a suite of financial solutions;
- Raydium (RAY): a decentralised exchange built on the Solana blockchain, designed to provide users with high-speed and low-cost trading experiences;
- THORChain (RUNE): a decentralised liquidity network that facilitates cross-chain trading of cryptoassets;
- Dog Wif Hat (WIF): a meme coin launched on the Solana blockchain inspired by the popular ‘Doge’ meme, featuring a dog wearing a knitted hat.
WIF will be the newest addition to eToro’s offering of ‘experimental’ cryptoassets, a new category introduced to represent cryptoassets that show potential for innovation and disruptive technologies, often exhibiting high volatility, low liquidity, and/or strong community engagement. They include memecoins, initial coin offerings and token sales, innovative products and decentralised finance (DeFi) strategies. Other experimental cryptoassets on eToro are Toncoin (TON), Bonk Inu (BONKxM) and Pepe (PEPExM).
Since experimental cryptoassets carry higher risks, including volume liquidity, asset stability and other considerations, there are restrictions on the value of positions that users can open in these assets depending on their eToro Club tier. These limits are in place to help manage the risks associated with trading these high-volatility assets.
eToro has been offering retail clients access to the crypto markets since 2013. eToro’s users can easily buy, hold and sell the real underlying assets of over 100 cryptoassets. These new cryptoassets are not currently available to users in the US, UAE, Germany and Australia.
**ENDS**
Notes to editors
* These coins are not available to clients in the US, UAE, Germany and Australia.
Media contacts
About eToro
eToro is the trading investing platform that empowers you to invest, share and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. Today we have over 38 million registered users from 75 countries. We believe there is power in shared knowledge and that we can become more successful by investing together. So we’ve created a collaborative investment community designed to provide you with the tools you need to grow your knowledge and wealth. On eToro, you can hold a range of traditional and innovative assets and choose how you invest: trade directly, invest in a portfolio, or copy other investors. You can visit our media centre here for our latest news.
Disclaimers:
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
This communication is for information and education purposes only and should not be taken as investment advice, a personal recommendation, or an offer of, or solicitation to buy or sell, any financial instruments. This material has been prepared without taking into account any particular recipient’s investment objectives or financial situation, and has not been prepared in accordance with the legal and regulatory requirements to promote independent research. Any references to past or future performance of a financial instrument, index or a packaged investment product are not, and should not be taken as, a reliable indicator of future results. eToro makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication.
CySEC:
Rest of EU: Crypto investing carries a high risk and is highly volatile. Tax may apply.
Spain: Investments in crypto-assets are not regulated. They may not be appropriate for retail investors and the full amount invested may be lost. It is important to read and understand the risks of this investment, which are explained in detail at this link
France: Cryptoassets investing and custody are offered by eToro (Europe) Ltd as a digital asset service provider, registered with the AMF. Cryptoasset investing is highly volatile. No consumer protection. Tax on profits may apply.
UK:
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Regulation and Licence numbers
UK
eToro (UK) Ltd, is authorised and regulated by the Financial Conduct Authority (“FCA”). Firm Reference Number: 583263. Registered in England under Company No. 07973792
Europe
eToro (Europe) Ltd, is authorised and regulated by the Cyprus Securities Exchange Commission (CySEC) under licence number 109/10. Registered in Cyprus under Company No. HE 200585.