The trading platform’s gross crypto revenue fell to $1.35 billion in the second quarter. It also agreed to buy U.S. brokerage TradeZero for up to $231 million.
- EToro swung to a $7.2 million loss in crypto trading in the second quarter of 2026, from a $37.7 million profit a year earlier, as cryptoasset revenue fell to $1.35 billion from $1.91 billion.
- Crypto activity on the platform has cooled sharply, with July crypto trades down 73% year over year and the average trade size halved to $182, even as overall net contribution rose 9% to $229 million and funded accounts climbed 18% to 4.28 million.
- Despite beating earnings expectations with adjusted diluted EPS of $0.68 versus analysts’ $0.61 estimate, eToro shares fell about 11% as the company pushed deeper into onchain products, completed multiple crypto-related deals and agreed to acquire U.S. brokerage TradeZero for up to $231 million.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
Crypto job postings triple to over 1,200 in September, but applications fall
BlackRock offers a glimpse of how tokenization may change your investment portfolio
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