eToro led a $12.5M investment in Extended, an on-chain perpetual futures exchange, and will integrate it with its recently acquired Zengo wallet for 40M

The broker plans to bring perpetual futures into Zengo wallet and expand DeFi products to its core platform as rivals like Robinhood expand onchain offerings.

eToro led a $12.5 million round for Extended and plans to integrate its onchain perpetual futures engine into the Zengo wallet.