最新报道:Etoro (ticker symbol ETOR), a Tel Aviv-based trading and investment company, released its second-quarter financial results on Tuesday, showing modest growth. Notably, assets under management increased 54% year-over-year to $17.50 billion, while the number of funded accounts increased 14%. The company's adjusted non-GAAP net income also grew to $54.2 million in the second quarter, compared to $44.2 million in the second quarter of 2024. Meanwhile, adjusted EBITDA increased 31% year-over-year to $72 million, "primarily driven by increased revenue and strict cost management." Notably, eToro's cryptocurrency revenue was approximately $1.90 billion, an increase of approximately $300 million year-over-year. The company stated in a statement, "eToro continued its focus on sustainable, profitable growth in the second quarter, launching products and services to support users at every stage of their investment journey." During the quarter, the company launched several new products and services, including 24/5 trading on 100 US stocks and an expanded cryptocurrency selection. It also announced a tokenization strategy for on-chain stocks, ETFs, and futures. The company stated, "Looking ahead, we are excited to continue developing technologies like tokenization and AI tools, which we believe will transform how retail investors interact with the market and create new growth opportunities." Founded in 2007, eToro was one of the first traditional trading platforms to enter the cryptocurrency market. For example, in 2019, the company launched tokenized gold and silver products. EToro went public in the United States in May with a valuation of $4.20 billion. The IPO on Nasdaq raised approximately $620 million, and EToro's stock price soared on its first day of trading, pushing its valuation to approximately $6.00 billion by the end of the first trading day. The stock fell 8% on Tuesday, bringing its market capitalization down to nearly $4.00 billion, according to Yahoo Finance.