[On-Chain Perpetual Contract Exchange Extended Completes $12.5 Million Strategic Financing, Led by eToro] According to CoinDesk, digital brokerage eToro announced it has led a $12.5 million strategic financing round for the on-chain perpetual contract exchange Extended, with participation from Jump Crypto and Alber Blanc. eToro plans to directly integrate Extended's perpetual contract engine into Zengo, the self-custody wallet it previously acquired for $70 million. This will allow users to trade on-chain derivatives while retaining custody of their assets. In the future, eToro also aims to introduce a broader range of DeFi products into its core platform. Extended is led by Ruslan Fakhrutdinov, the former head of crypto business at Revolut. As of June, the platform has processed over $245 billion in trading volume, supports more than 100 perpetual markets, and plans to expand into spot trading, tokenized RWAs, and multi-asset collateralization.