eToro, the social investing platform, has obtained approval to operate in New York, marking a key milestone in its U.S. expansion. Founder and CEO Yoni Assia emphasized the region’s potential, noting, “New Yorkers bring a wealth of knowledge and activity to the market. We’re excited to offer them access to stocks, options, and our signature social trading features.”
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Assia also highlighted eToro’s forward focus on AI, enabling users to analyze investments more effectively by summarizing financial reports and providing deeper insights. With 37 million users across 75 countries, eToro continues its global growth trajectory.
Recent developments
In November, eToro saw a 300% surge in Bitcoin positions compared to the prior month. Additionally, eToro’s new GBP and EUR trading features eliminate conversion fees, offering investors cost savings and better currency management.
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