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via CoinDesk · By CoinDesk Staff

EToro (ETOR) doubled down on its commitment to crypto even as digital asset activity weakened in the first quarter and into April. Revenue from crypto assets dropped 38% from the year-earlier quarter to $2.15 billion, the company said in its first-quarter earnings report released Tuesday. Net trading income from crypto derivatives fell 57% to $33.4 million while overall net income rose 37% to $82.4 million. The trading platform said the crypto activity decline extended into April, with the total

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CoinDesk Staff
(10:12 AM UTC)
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Updated byMichael Roberts
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CEO Yoni Assia says he’s bullish on crypto and expects to see it back to all-time highs this year even as crypto derivatives trading on eToro dropped.

EToro (ETOR) doubled down on its commitment to crypto even as digital asset activity weakened in the first quarter and into April.

Revenue from crypto assets dropped 38% from the year-earlier quarter to $2.15 billion, the company said in its first-qu…

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CoinDesk Staff · CoinDesk

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