The trading platform eToro (ETOR) released its second-quarter earnings, revealing modest growth across several key metrics. The company’s assets under administration surged to $17.5 billion, a 54% increase from the same period last year, while the number of funded accounts grew by 14%.
eToro also saw a significant increase in profitability, with adjusted net income rising to $54.2 million and adjusted EBITDA growing by 31% to $72 million. A notable driver of this growth was the company’s crypto revenue, which reached approximately $1.9 billion, an increase of $300 million year-over-year.
In its statement, eToro highlighted its focus on product innovation, including the introduction of 24/5 trading for U.S. equities and an expansion of its crypto offerings. The company also announced a new tokenization strategy for on-chain stocks, ETFs, and futures, expressing excitement about how technologies like tokenization and AI will “transform how retail investors interact with the markets.”
The company, which went public in the U.S. in May with an initial valuation of $4.2 billion, has been an early adopter of crypto. While its stock price dropped by 8% on Tuesday, the company remains focused on future growth through its new offerings.
August 2025, Cryptoniteuae
