PANews reported on December 11 that Yoni Assia, CEO of eToro, an online brokerage company that provides cryptocurrency and stock trading, told DL News on Tuesday that as a reflection of the bullish sentiment of retail investors, the cryptocurrency trading volume on the eToro platform in November soared by more than 500% compared with the same period in 2023. "Every time there is an all-time high, we see a significant increase in customer engagement," Assia said in an interview during Abu Dhabi Financial Week.
In September, the company settled with the U.S. Securities and Exchange Commission (SEC) for $1.5 million, and Assia said the settlement does not prevent the company from relisting assets in the U.S. again — especially if the incoming Trump administration relaxes cryptocurrency enforcement, as is widely expected.
Earlier on December 6, it was reported that eToro had commissioned Goldman Sachs to help the company go public as early as the second quarter.
