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extended

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Phoenix Group
ยท
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Extended raises $12.5M in a Strategic funding round #Extended secures $12.5M in a Strategic funding round led by eToro, with participation from Jump Crypto and Alber Blanc. This funding round brings Extended's total funds raised to $19M. The funding round also marks the start of a partnership between Extended and #Zengo , a self-custody wallet recently acquired by eToro. Extended is a perpetuals #DEX offering trading across 100+ markets including crypto, equities, FX, commodities, and indices, with up to 100x leverage. ๐Ÿ‘‰ x.com/extendedapp/status/2072727897165426993
Extended raises $12.5M in a Strategic funding round

#Extended secures $12.5M in a Strategic funding round led by eToro, with participation from Jump Crypto and Alber Blanc. This funding round brings Extended's total funds raised to $19M. The funding round also marks the start of a partnership between Extended and #Zengo , a self-custody wallet recently acquired by eToro.

Extended is a perpetuals #DEX offering trading across 100+ markets including crypto, equities, FX, commodities, and indices, with up to 100x leverage.

๐Ÿ‘‰ x.com/extendedapp/status/2072727897165426993
ยท
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$EXTENDED NETS $12.5M FROM ETORO AND JUMP CRYPTO ๐Ÿ”ฅ eToroโ€™s $12.5M strategic stake in Extended signals growing institutional appetite for on-chain perpetual futures. Built on StarkEx Layer-2, the platform aims to bridge traditional finance with decentralized trading โ€” a structural shift gaining momentum. Launch is slated for end of 2024, meaning the infrastructure race is heating up now. With Jump Crypto also backing this, Tier-1 capital is voting on scalability solutions. How does this affect your existing L2 trade setup? Not financial advice. Always manage your risk. #EXTENDED #Investment #DeFi #PerpetualFutures #Layer2 ๐Ÿ”ฅ
$EXTENDED NETS $12.5M FROM ETORO AND JUMP CRYPTO ๐Ÿ”ฅ

eToroโ€™s $12.5M strategic stake in Extended signals growing institutional appetite for on-chain perpetual futures. Built on StarkEx Layer-2, the platform aims to bridge traditional finance with decentralized trading โ€” a structural shift gaining momentum.

Launch is slated for end of 2024, meaning the infrastructure race is heating up now. With Jump Crypto also backing this, Tier-1 capital is voting on scalability solutions.

How does this affect your existing L2 trade setup?

Not financial advice. Always manage your risk.

#EXTENDED #Investment #DeFi #PerpetualFutures #Layer2

๐Ÿ”ฅ
Discover a project worth adding to your watchlist: Extended. The backstory isnโ€™t ordinaryโ€”its team comes from Revolut and chose to deploy an on-chain perpetual DEX on Starknetโ€™s ZK L2. The key differentiator is coverage: crypto, US equities, FX, and other RWA assets are unified on-chain trades. It uses a hybrid order book architecture plus multi-asset unified margin, combining a CEX-level experience with ZKโ€™s verifiability. On the funding side, it has just closed a $12.5M round co-invested by Jump Crypto. On the product side, itโ€™s running points-based incentive programs to drive user acquisitionโ€”essentially securing one of the core narratives in the RWA derivatives space. The focus is actually very clear: ยท Is the leverage demand real after traditional financial assets go on-chain? ยท Can Starknet handle the performance pressure of high-frequency matching? ยท The timeline forๅ…‘็Žฐ (fulfilling) the points expectations. $STRK One of the most imagination-rich directions for the ecosystem this year is likely hidden along the RWA Perp line. #Extended #RWA่ก็”Ÿๅ“ #Starknet
Discover a project worth adding to your watchlist: Extended.

The backstory isnโ€™t ordinaryโ€”its team comes from Revolut and chose to deploy an on-chain perpetual DEX on Starknetโ€™s ZK L2. The key differentiator is coverage: crypto, US equities, FX, and other RWA assets are unified on-chain trades. It uses a hybrid order book architecture plus multi-asset unified margin, combining a CEX-level experience with ZKโ€™s verifiability.

On the funding side, it has just closed a $12.5M round co-invested by Jump Crypto. On the product side, itโ€™s running points-based incentive programs to drive user acquisitionโ€”essentially securing one of the core narratives in the RWA derivatives space.

The focus is actually very clear:
ยท Is the leverage demand real after traditional financial assets go on-chain?
ยท Can Starknet handle the performance pressure of high-frequency matching?
ยท The timeline forๅ…‘็Žฐ (fulfilling) the points expectations.

$STRK One of the most imagination-rich directions for the ecosystem this year is likely hidden along the RWA Perp line.

#Extended #RWA่ก็”Ÿๅ“ #Starknet
Article
๐Ÿšจ THE CEFI-DEFI BRIDGE IS CONSOLIDATEDWHY ARE TRADITIONAL BROKERS MOVING INTO DEFI? ๐Ÿšจ The line between Centralized Finance (CeFi) and Decentralized Finance (DeFi) is being erased for good. In a strategic move that marks a before-and-after for mass adoption, the traditional brokerage giant eToro has just led a $12.5 million investment round in Extended, an on-chain derivatives platform. Itโ€™s a masterstroke: eToro will integrate this perpetual contracts engine into its newly acquired self-custody wallet, Zengo, allowing everyday users to trade leveraged futures directly on the blockchain without losing control of their private keys. For those wondering what DeFi is, it simply means removing traditional intermediaries (like banks or clearinghouses) and replacing them with automated smart contracts on networks such as Ethereum or Solana.

๐Ÿšจ THE CEFI-DEFI BRIDGE IS CONSOLIDATED

WHY ARE TRADITIONAL BROKERS MOVING INTO DEFI? ๐Ÿšจ
The line between Centralized Finance (CeFi) and Decentralized Finance (DeFi) is being erased for good. In a strategic move that marks a before-and-after for mass adoption, the traditional brokerage giant eToro has just led a $12.5 million investment round in Extended, an on-chain derivatives platform. Itโ€™s a masterstroke: eToro will integrate this perpetual contracts engine into its newly acquired self-custody wallet, Zengo, allowing everyday users to trade leveraged futures directly on the blockchain without losing control of their private keys. For those wondering what DeFi is, it simply means removing traditional intermediaries (like banks or clearinghouses) and replacing them with automated smart contracts on networks such as Ethereum or Solana.
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