Crypto Trading Became eToro's Major Revenue Source in Q2
eToro announced that over 90% of its revenue in the second quarter stemmed from crypto trading.
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eToro announced that over 90% of its revenue in the second quarter stemmed from crypto trading.
eToro reported a significant Q1 2025 net income amid a notable decrease in share prices following their earnings announcement.
eToro now includes 15 cryptocurrencies on its U.S. platform, enhancing user access as it transitions to a public company.
ARK Invest swiftly added eToro shares to its portfolio, marking a significant trading debut.
eToro's stock surged significantly on its first day of trading, opening above its IPO price.
eToro's shares opened at $52 on the Nasdaq, bringing in around $310 million amid high investor demand.
The expected IPO pricing for EToro looks promising as investor interest spikes, aiming for a substantial valuation.
The trading platform is set to collect up to $400 million as it aims for a valuation around $4.5 billion.
Despite recent setbacks in the cryptocurrency market, there are opportunities for long-term bitcoin investors to enhance their holdings.
The trading platform eToro secures a license to enhance its digital asset services across the European Economic Area.
The trading platform has completed a confidential filing for its IPO on the New York Stock Exchange, targeting a valuation of $5 billion.
eToro's stock price saw a significant increase after announcing impressive quarterly results and a new share repurchase plan.

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