Quick Take
The investment is tied to a partnership between Extended and Zengo, the self-custody wallet eToro acquired earlier this year.
Jump Crypto also participated in the round.
Trading platform eToro said Thursday it led a $12.5 million strategic round in Extended, an onchain exchange for perpetual futures.
Etoro said the investment is tied to a partnership with Zengo, the self-custody wallet eToro acquired earlier this year. At the time of the acquisition, Bloomberg reported Zengo was valued at around $70 million.
