eToro going public: CEO Yoni Assia reveals key details behind the move
A number of factors indicate that the present is a beneficial time for eToro to go public, according to the company’s CEO. Over the course of 2020, eToro sized up significantly, as Assia explained: “We’ve grown more than 147% year-over-year revenues,” he noted. This year rolled in with mainstream and crypto bull markets in full swing, in tandem with “the biggest discussion we’ve seen in human history around the intersection of social media and investment platforms” — all bubbling together to form what Assia labeled as “a perfect storm.” He added:“We’re seeing an immense interest all around....
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Fresh off $2.5m in funding, colored coins startup Colu has announced eToro CEO Yoni Assia has joined its board of directors. The founder and CEO of what's billed as "the world's largest social investment network", Assia has long been an active member of the bitcoin community. For example, eToro first enabled bitcoin trading for the estimated 2.75m users of its platform in January 2014. Perhaps most notably, however, Assia is credited as one of the originators of the concept of colored coins - that metadata in the bitcoin protocol could be used to augment bitcoins so that they could....
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Yoni Assia, the co-founder and CEO of eToro.Yoni Assia is the co-founder and CEO of eToro, the social investing network with over 23 million registered users from more than 100 countries. Yoni is widely acknowledged as a crypto pioneer, having co-written the Colored Coins white paper with Ethereum creator Vitalik Buterin in 2013. In 2018, Yoni founded GoodDollar, a nonprofit initiative created....
The firm is reportedly seeking a new funding round that would infuse with more cash at a 50% lower valuation than one year ago. On Tuesday, special purpose acquisition company (SPAC) FinTech Acquisition Corp. V announced that it terminated its purposed takeover of Israeli cryptocurrency exchange eToro via a bilateral agreement. In explaining the decision, Fintech V chairman of FinTech V Betsy Cohen said: "eToro continues to be the leading global social investment platform, with a proven track record of growth and strong momentum. Although we are disappointed that the transaction has been....
eToro has ambitions to join Coinbase as a public company as the social trading platform looks to a 2021 IPO. Trading platform eToro reportedly could go public in 2021. Sources told Cointelegraph that eToro has been working with the London Stock Exchange's "Elite" program to prepare for an initial public offering."EToro does not comment on market rumours," an eToro representative told Cointelegraph.However, employees at eToro have shared an article from Israel-based media outlet Calcalist announcing the IPO on LinkedIn, apparently with the blessing of CEO Yoni Assia.EToro "is targeting an....
Yesterday, eToro, the multi-asset platform with over 14 million registered users globally, announced that it is launching its new staking service. eToro’s staking service will initially be for Cardano (ADA) and TRON (TRX). Cardano staking is a new addition to the crypto space, and eToro is delighted to be one of the first to support this. eToro CEO and Co-founder Yoni Assia commented, “eToro has a large and active crypto community and our goal is […]