Q2 2021 turned out to be a comparatively strong quarter for multi-asset investment platform eToro. Earlier today, the company announced its second-quarter earnings, revealing a total trading commission of $362 million up by 125% from last year. Drawing on its latest growth tracks, it is worth noting that eToro now has $9.4 billion assets under management.
Interestingly, crypto represents 73% of the company’s entire trading commission. While eToro posted $11.2 million in crypto trading revenue in the year ago period, this year, the platform has inched a massive record in its crypto revenues this year with the figure pegged at $264.2 million.
By How Far did Crypto Transactions Jump?
A worldwide increase in crypto adoption has immensely benefited crypto-based companies. Retail investors are extensively hoping into the space with diversified interests. eToro, for instance, has revealed in its Q2 earnings report that digital asset trading surged by nearly 23-folds on its platform. Bitcoin
Źródło: https://coingape.com/etoro-crypto-trading-commission-rises-264-2m-73-q2-2021/
