Tagged: etoro

Investing Platform eToro Obtains Virtual Asset Registration from Bank of Spain

eToro, the multi-asset investing platform, has announced that on 29 June 2023 the Bank of Spain has “approved the registration of eToro as a service provider of exchange of virtual currency for fiat currency and electronic wallet custody services.” Tali Salomon, eToro’s Regional Manager for… Read More

eToro Adjusts Crypto Offerings for US Customers Following SEC Enforcement Action Targeting “Crypto Asset Securities”

The Securities and Exchange Commission’s pursuit of digital assets or crypto assets deemed to be securities is ripping through the crypto marketplace. In the recent enforcement action filed by the SEC against Coinbase  (NASDAQ:COIN), the Commission highlighted multiple digital assets it believes are securities and… Read More

eToro Works with Twitter on $Cashtags

Twitter and eToro have partnered up on financial content. eToro is an investing platform that operates in various markets around the world, providing access to both traditional and alternative access. Twitter is, well, Twitter – the social media best known for its immediacy of information… Read More

eToro Provides Limited Insight into 2022 Performance

eToro, a “social investing” platform that provides access to both crypto and more traditional securities, has published information on performance during 2022. Not too long ago, eToro raised $250 million at a $3.5 billion valuation. The funding was an “Advance Investment Agreement” (AIA) which eToro… Read More

Fintech Acquisition Corp. V to Dissolve After No Deal Found

Fintech Acquisition Corp. V (NASDAQ:FTCV) says it will dissolve and liquidate following an inability to find a merger or acquisition. The special purpose acquisition company (SPAC) was created to find a Fintech to take public. At one point, the company had entered into an agreement… Read More

Social Investing Network eToro Appoints Two New Members to US Leadership Team

eToro, the social investing network, recently announced the appointment of Nicole Murphy as U.S. Chief Compliance Officer and James (Jim) McGrath as U.S. Head of Anti-Money Laundering. In her new role as U.S. Chief Compliance Officer, Nicole will “oversee the design, implementation, and maintenance of… Read More

eToro Introduces ESG Scores as Many Retail Investors Consider ESG Before Buying Stocks

eToro, the social investing network, announced the introduction of ESG scores for over 2,700 stocks on its platform enabling its users “to consider environmental, social, and governance factors when building their portfolios.” Partnering with ESG Book, a global provider of ESG data and technology, eToro… Read More

eToro to Acquire US Options Trading Platform Gatsby

Social investment platform eToro is expanding its presence in the United States after entering a definitive agreement to acquire options trading platform Gatsby for approximately $50 million. EToro had filed with the US Securities and Exchange Commission (SEC) for regulatory clearance back in December 2021…. Read More

Social Investment Network eToro Europe Limited Registers with OAM in Italy

eToro, the social investment network, announced that it has registered with the Italian regulator Organismo Agenti e Mediatori (OAM), becoming the latest investment platform to “join the registry of crypto-asset providers in Italy.” This demonstrates eToro’s commitment “to working hand in hand with regulatory authorities… Read More

eToro Cancels SPAC Deal, Cuts 100 Employees, Aims to Raise Money at Lower Valuation: Report

eToro, a modern spin on investing and trading that merges both digital assets and traditional securities, has axed its SPAC deal, according to a statement issued by the company. At the same time, Calculistech is reporting that their headcount is being slashed by 100 employees… Read More

Crypto Bowl? Super Bowl Ads Dominated by Crypto Firms, Coinbase Promo Staggers App

Yesterday was the 56th Super Bowl where the LA Rams topped the Cincinnati Bengals by just a three-point spread. While the game was exciting, much discourse around the annual event tends to target the television commercials that costs advertisers millions of dollars due to the… Read More

eToro Expands Offerings in the US, Adds ETFs, Stocks

eToro, an online investment platform, says it has added exchange-traded funds (ETFs) and stocks to its US-facing offerings. eToro already offers crypto trading in the US. Crypto trading is offered via eToro USA LLC and securities trading is offered via eToro USA Securities, Inc., a… Read More

eToro Investment Analyst Says that We Might Be Overdue for “Quick Reset” in Stocks, But Many More Planning to Invest in 2022 than Last Year

Callie Cox, the US-based Investment Analyst at eToro, notes that she’s always thinking about how market moves and headlines affect your finances. Starting January 7, 2022, Cox confirmed that she’ll be publishing a weekly blog, titled The Bottom Line, which will look into what’s happening… Read More

UK Advertising Standards Authority Bans Slew of Crypto Advertisements Impacting Coinbase, eToro, Papa John’s and more

The UK Advertising Standards Authority (ASA) has upheld multiple bans on crypto-asset promotions today. The impacted firms include Coinbase Europe, CoinBurp, Lumo Money, Exmo Exchange, Papa John’s, Payward/Kraken, and eToro. In regards to Coinbase, four issues were investigated with each being upheld by the regulator…. Read More

eToro Commits $1M Stake to GoodDollar Universal Basic Income Initiative

eToro, a multi-asset investment platform that empowers consumers to grow their knowledge and wealth as part of a global community of investors, reveals that it’s “reinforcing its commitment to opening the digital economy to the next billion global crypto users.” eToro confirmed in a release… Read More

Social Trading and Digital Investment Platform eToro Appoints Michael Plasznik to Board of Directors

eToro Group Ltd, a multi-asset investment platform that aims to empower individuals to grow their knowledge and wealth, reveals that it has appointed Michael Ptasznik to its Board of Directors. As mentioned in a release, Michael will be joining the eToro Board at “the closing… Read More

Engagement Banking Tech Provider Backbase to Improve Digital Onboarding for eToro

Backbase, an engagement banking tech provider, reveals that it has teamed up with eToro, a multi-asset investment platform that empowers individuals to “grow their knowledge and wealth,” in order to improve eToro’s digital onboarding capabilities and back-end compliance infrastructure. As mentioned in a release: “The… Read More

eToro Releases Q2 2021 Interim Financial Results in Advance of SPAC Float

eToro Group Ltd, a modern investment platform that combines both traditional, including fractional shares, as well as digital assets in a social environment, has posted interim Q2 2021 financial results in advance of its forthcoming float on the Nasdaq in a SPAC deal. Yoni Assia,… Read More

Crypto Hardware Wallet Firm Ledger Hires Senior Execs from Opera, eToro

Ledger, a provider of security and infrastructure solutions for digital assets, has hired Iqbal V. Gandham, and Charles Hamel. As mentioned in a release shared with CI, the new hires have joined Ledger from eToro and Opera. They’ll be serving as executive leads at Ledger… Read More

eToro Introduces BitcoinWorldwide, a Thematic Investment Portfolio Featuring PayPal, Nvidia, Canaan, Coinbase

Multi-asset investment platform eToro revealed on April 26, 2021 that it has launched a new thematic portfolio, called BitcoinWorldWide. Based on the firms in the value chain behind Bitcoin, the portfolio is meant to further promote adoption of the leading cryptocurrency. Dani Brinker, eToro’s head… Read More

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