Search results for "ATOMARC"

eToro reports Q1 earnings: Net income declines to $60 million due to product expansion.

PANews June 11 news, according to Finance Feeds, Israeli fintech company eToro announced its financial report for the first quarter of 2025, showing a net income decline of 6% year-on-year to $60 million, mainly due to increased marketing and product expansion expenses. The company's net contribution rose by 8% year-on-year to $217 million, while assets under management rose by 21% to $14.8 billion, and the number of funded accounts increased by 14% to 3.58 million. During the reporting period, eToro launched futures trading in Europe, listed options trading in the UK, increased the number of crypto assets by 40 to over 130, and added staking functions for DOT and ATOM. The company also expanded its wealth management services, launching commodity portfolios, capital protection features, and a securities lending program. After obtaining the EU MiCA license in May, its crypto custody business underwent SOC 2 Type.
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