The eToro crypto wallet adds support for 120 tokens of the ERC-20 standard

The eToro Crypto Wallet introduced support for 120 ERC-20 tokens. So far, only a few of them are available to users.

According to a press release from eToro, as of Tuesday, eToro begins to support Maker (MKR), Basic Attention Token (BAT), and OmiseGO (OMG) tokens, all other coins will be gradually added.

Doron Rosenblum, Managing Director of eToro, noted:

“The addition of 120 ERC-20 tokens to the eToro crypto wallet is another proof that the day will come when all investment assets will be token eventually. One of the main problems on the road to mass adoption of crypto assets is the lack of access to them. Access to the above-mentioned tokens will allow even more people to save and conduct operations with tokens, while using a secure, adjustable wallet. ”

Note that eToroX, a subsidiary of eToro, manages the wallet and is governed by the Gibraltar Financial Services Commission (GFSC). Recall that eToroX also launched its own cryptocurrency exchange and eight stable coins. At the time, Yoni Assia, co-founder and CEO of eToro, said:

“EToro has opened up access to traditional markets for investors, and we want to do the same in a tokenized world. In the end, the blockchain technology will “swallow” traditional financial services through tokenization. ”

The parent company eToro launched in February a platform for the acquisition and sale of cryptocurrencies – the company first plunged into the crypto-space in 2014, offering services for trading Bitcoin.