ChainCatcher reports that, according to Decrypt, the Israeli multi-asset trading platform eToro surged 29% on its first day of listing to $67, with the company's valuation reaching $5.4 billion.
Data shows that eToro's digital asset-related revenue in 2024 reached $12.4 billion, a significant increase from $3.4 billion in 2023. However, due to SEC regulations, the platform currently offers trading services for only three cryptocurrencies in the US market: Bitcoin, Ethereum, and Bitcoin Cash.
