eToro's second-quarter cryptocurrency trading revenue accounted for over 90%

PANews reported on August 13th that according to CoinDesk , eToro's latest financial report shows that cryptocurrency trading revenue reached $ 1.91 billion in the second quarter, accounting for 91% of total revenue. The company's total revenue was $ 2.09 billion, with crypto asset trading remaining the primary source of revenue. During the same period, the company incurred a net loss of $ 8.4 million from crypto derivatives trading. Compared to the first quarter, the proportion of crypto revenue decreased slightly (from 93% in Q1 ), indicating an increase in the contribution of sectors such as equities. eToro recently announced that it will tokenize US stock assets on the Ethereum blockchain to expand its trading product offerings. The company went public on the Nasdaq in May of this year at $ 52 per share. Its current share price is $ 50.7 , down 8.2% from its first day of trading.

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Author: PA一线

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