Etorro’s backbone trading remained in the second quarter, which led to about 91 % of the company’s total revenues, according to the latest. Profit report.
This decreased slightly from the 93 % share recorded in the first quarter, indicating a modest increase in contribution from the stocks and other trading sectors.
During the three months ending June 30, total revenues of Cryptoassets reached $ 1.91 billion, which amounted to a small net loss of $ 8.4 million from the trading of encryption derivatives.
After offering the cost of Cryptoasset revenues amounting to $ 1.88 billion, digital asset trading is still consisting of the vast majority of the total ETORO revenue worth $ 2.09 billion.
in Q1The revenue related to the encryption amounted to $ 3.5 billion, with an additional profit of $ 77 million in encryption derivatives, which represents more than 93 % of the company’s total revenues of $ 3.76 billion.
The company was increasingly betting on encryption. Last month, plans revealed to A symbol of the stocks On Ethereum Blockchain to enhance its commercial capabilities.
Etoro was deployed on a public basis at $ 52 per share in May, raising about 310 million dollars from the Nasdak list. The shares of the company are now traded at $ 50.7, a decrease of more than 8.2 % since its commercial appearance.
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