
ARK Invest Takes $9.4 Million Stake in eToro on Historic Nasdaq Listing
ARK Invest bought a $9.4 million stake in eToro as the Israel-based company made its debut on Nasdaq via IPO.
Founder and CEO of eToro Yoni Assia joins COLU’s board of directors. while Patrick Murck, executive director of the Bitcoin Foundation, joins the board of advisors of BTCJam.
ARK Invest bought a $9.4 million stake in eToro as the Israel-based company made its debut on Nasdaq via IPO.
eToro achieves a significant milestone with MiCA authorization from Cyprus regulator, positioning itself as a pioneer in regulated European crypto trading while maintaining strict security standards.
eToro is on track to go public in the US after submitting a confidential filing with the US SEC.
Social trading platform eToro is planning a US IPO with Goldman Sachs, targeting a $3.5 billion valuation, marking its second attempt at going public after a failed SPAC merger in 2022.
To start trading cryptocurrencies under this new system, eToro users in Germany will need to agree to new Terms and Conditions from eToro, DLT Finance, and Tangany.
This change is expected to make transactions smoother for developers and users, potentially attracting more activity to the Terra Luna Classic network.
Users can earn between 45% and 90% of the staking yield, depending on their eToro Club tier and the conditions of their staked assets.
Despite eToro’s giant status and popularity, the Philippine finance regulator would not allow unregulated crypto business.
The CEO noted that beyond the eToro IPO, the firm has prioritized product enhancements in 2023, focusing on advanced trading experiences and technical analysis features for its user base.
Two years ago, crypto advertisers occupied the top ad spots at Super Bowl. But the FTX debacle has pushed them out of the game making way for traditional businesses.
Looking to buy Bitcoin but not sure where to start? Fortunately, eToro now allows you to easily purchase Bitcoin using a debit card. Let’s understand how to buy BTC on eToro with a debit card in just three simple steps.
eToro’s foray into the UAE comes amidst a period of global expansion for the platform.
The Netherlands took the lead among European Union member states by mandating that crypto companies adhere to the 5th Anti-Money Laundering Directive (5AMLD).
eToro will be in a position to offer cross-border crypto services after the EU’s Markets in Crypto Assets (MiCA) regulatory framework goes into effect in December 2024.
According to eToro’s website, 77% of retail investor accounts lose money when trading CFDs on the platform.