crypto
eToro Backs Extended in $12.5M Onchain Perps Push

eToro led a $12.5M funding round in Extended, linking Zengo with onchain perpetuals and expanding self-custody trading access for crypto markets.
eToro led a $12.5 million funding round in Extended, a development that links Zengo with onchain perpetuals trading and expands self-custody trading access, according to Crypto.news. The funding round positions Extended to advance onchain perpetuals infrastructure as crypto markets continue to evaluate self-custody trading tools and decentralized derivatives access.
Key takeaways
eToro led a $12.5 million funding round in Extended, as reported by Crypto.news.
The funding supports Extended's integration of Zengo with onchain perpetuals trading infrastructure.
The development expands self-custody trading access for crypto derivatives markets.
Readers may watch for future disclosures on Extended's product rollout, partnership details, and adoption metrics.
eToro led a $12.5 million funding round in Extended, according to Crypto.news. The source states that the funding round links Zengo with onchain perpetuals trading infrastructure and expands self-custody trading access. The development was reported on July 3, 2026, and represents a capital allocation decision by eToro to support Extended's infrastructure development.
For crypto markets, onchain perpetuals trading infrastructure can matter because it influences how traders access decentralized derivatives, manage self-custody risk, and evaluate trading tool options. Self-custody trading access allows users to retain control of private keys while accessing derivatives markets, a feature that can appeal to traders who prioritize security and decentralization over centralized exchange convenience.
For readers following broader crypto market news , this development can help frame the wider news context.
Readers may watch for future disclosures from Extended on product rollout timelines, Zengo integration details, and user adoption metrics. Additional details on the funding round structure, participating investors, and Extended's roadmap would help clarify the scope and execution risk of the onchain perpetuals infrastructure project.
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