Hedera Hashgraph (HBAR) Partnership With eToro & DBS Bank Will Shock You!
Hedera Hashgraph (HBAR) Partnership With eToro & DBS Bank Will Shock You!
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Today, we’ll be discussing recent news regarding the crypto and stock brokerage eToro’s decision to add HBAR on its platform. The official HBAR Foundation tweeted updates on the circumstances surrounding eToro’s decision to put HABR on its exchange on February 15th. eToro is one of the world’s leading stock and cryptocurrency exchanges. The site now has more than 20 million registered users, the bulk of them are from Europe. Cardano, Solana, and Decentraland are among the 47 cryptocurrencies available on eToro. eToro’s utility and overall valuation have increased significantly, with the stock and crypto broker now having an IPO valuation of $10.4 billion, representing a whopping 316 percent gain over statistics from 2020.
eToro is not only one of the most popular exchanges in the world, notably outside of the United States, but it was also included in one of the Super Bowl commercials. GK8, a cybersecurity company that offers high-security custodian technology for managing and safeguarding digital assets, announced on the 27th August that its proprietary end-to-end custody solution, designed for banks and financial institutions, is now available for institutional customers who want to offer custody of Hedera’s native HBAR and HTS-based tokens. GK8’s custodian technology helps companies like eToro, a social trading and multi-asset brokerage firm, manage a large number of digital assets. Thus, the storey on August 27th about GK8 owning HBAR tokens may have originated directly as a result of the impending announcement about eToro offering HBAR on its platform.
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