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Robinhood Reports Fourth Quarter and Full Year 2021 ResultsThe? trading and social investing platform eToro announced that it is launching their platform within the U.S. The platform, which currently operates in more then 140 international countries, would be accessible in 30 states and two states with plans to expand outside of the U.S. after receiving the required regulatory approvals.<p></p><p>Its U.S. platform will only offer trading on crypto assets at launch, but eToro is planning to launch additional asset classes within the next 12 months. In eToro's existing markets, the more than 10 million users can buy and sell more than 1500 asset classes and markets including bonds, stock and currencies such as cryptocurrencies, fiat currency commodities, and more.</p><p><iframe src="https://youtu.be/wYJhUGVaeyk" width="560" height="315" frameborder="0" allowfullscreen></iframe>While eToro also supports more sophisticated trading strategies -- like short-selling and using leverage, the platform's transparency and community engagement functions are great resources used by beginners to master the capital markets and learn how to trade.</p><p></p><p>EToro is a trading platform, social network plus a resource for learning. Anyone who signs up for eToro has the ability to see, post comments as well as copy the trades from everyone else on the network, in addition to their actual returns and losses up to date (though only by a percentage to keep confidential financial data safe). While learning from the techniques of their counterparts Users can decide to put money into virtual currency so that they can practice and effectively train before making a decision to invest their own money.</p><p>Alternatively, based on a trader's performance record, other users may choose to copy their portfolio using eToro's "CopyTrader?" feature, which does not just distribute funds to the trader's portfolio, but can also ensure that any trade the copied investor's makes. Additionally users can also choose to interact, post comments on and engage with certain users, assets or markets -- they can also participate in the most current debates and news related to their specific area of interest.</p><p>Although the service is limited by crypto at launch many of the same features available in eToro's existing market will be available throughout the U.S. And alongside its trading platform and its trading platform, the company will launch its own digital multisignature eToro account, where users have the ability to store, send and receive several coins across a range of different cryptocurrencies.</p><p>Utilizing their eToro clients, U.S. users can move cryptocurrencies onto and through their trading account. In addition, they are able to convert them easily and vice versa. The wallet at first will support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and Stellar for U.S. users, but the company is planning to make additional currencies to be available in near future.</p><p>EToro users can perform transactions or share trading data and performance of their portfolios with other EToro users, allowing users to discuss ideas and implement them with real dollars</p><p></p><p>The expansion strategy, however, doesn't have a low risk. EToro has entered a highly competitive marketplace -- alongside other prominent trading platforms like Coinbase as well as Robinhood -in addition to launching its only in crypto during the midst of "crypto winter," where massive weakness has plagued the sector.</p><p>Part of the strategy is caused by the fact that crypto is lighter from a licensing point of view compared to other asset classes within the highly unstructured and strict U.S. regulatory environment. However, eToro's strategy for launching is also heavily rooted in the company's belief in huge opportunities for market growth associated with the asset tokenization.</p><p>"We think [the tokenization of assets] is a bigger opportunity than the internet and we have to be in the U.S. when it happens, given it's the financial hub in the world," eToro founder and CEO Yoni Assia, in a conversation with TechCrunch?.</p><p>EToro has long-term perspectives with their strategy and hasn't been impacted by the current crypto weakness. Assia has compared the current market weakness with the bubble of dotcom, where , despite the collapse, Internet still permeated and interrupted the economy in long-term. Similar to it, Assia together with eToro believe there will be enough space for multiple winners in the larger crypto ecosystem.</p><p>The company was the first platform in its market to allow Ethereum and Ripple and is confident that , as similar currencies and the future generation of investors mature, eToro will be there to support their users in whatever way they need.</p><p>"When I founded eToro, I envisioned a community where people could trade, invest and share their knowledge in a simple and transparent way," said Assia. " https://notes.io/U9Jm acts as a bridge between the old world of investing and a blockchain-powered future, helping our users navigate and benefit from the transition to crypto assets for wealth building."</p>