eToro Enhances Crypto Offering with Sandbox and CELO

One of the well-known global multi-asset investment platforms, eToro announced the expansion of its crypto offering today. The company has added Sandbox (SAND) and Celo (CELO) to its offering. Through the addition of the crypto assets, eToro users will be able to buy, hold and sell the mentioned crypto assets.

In total, the broker offers services in 42 digital assets. Since the start of 2021, eToro has expanded its crypto offering substantially. In October 2021, the company announced the addition of Polkadot (DOT) and Filecoin (FIL) to its investment platform.

Sandbox (SAND) is a popular virtual game that combines DeFi, NFTs and blockchain in a 3D metaverse. However, CELO is a prominent DeFi platform that makes it easier for cryptocurrency users and investors to settle transactions through their mobile phones.

Sebastien Borget, the COO & Co-Founder at Sandbox, said: "We're delighted that eToro is listing SAND tokens on its platform. This is a great first step which enables its customers to discover more about NFTs and engage with one of the many possibilities of our open gaming metaverse."

“The teams working on Celo are looking forward to collaborating with eToro, a pioneer in the crypto space and leading social investment platform, to give its users access to purchasing CELO and participating in the evolution of the growing Celo ecosystem,” Natalie Alfers, the Exchange & Partner Marketing Lead at the Celo Foundation, commented.

Demand for DeFi and Metaverse

With a market cap of $5 billion, SAND is one of the most valuable crypto tokens in the world. Additionally, global demand for other DeFi and metaverse-related coins has surged significantly in the last 8 weeks.

“We’re seeing huge demand for DeFi and metaverse tokens, and we’re delighted to be able to offer more of these assets to our customers. The addition of these new tokens to the eToro platform demonstrates the breadth of choice available to investors in the crypto market today, with some 42 tokens now available on our platform,” said Doron Rosenblum, the VP of Business Solutions at eToro.