Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Yoni Assia"


4 mentions found


An Apple Vision Pro mixed reality (XR) headset is seen at Apple store in New York, United States on Feb. 3, 2024. Online brokerage firm eToro is exploring ways to bring its retail trading app to augmented and virtual reality headsets from Apple and Meta, the company's CEO Yoni Assia told CNBC exclusively. EToro, which operates a trading platform on which users can buy and sell a range of assets ranging from stocks and exchange-traded funds to cryptocurrencies like bitcoin, is looking at ways of launching on Apple Vision Pro and Meta Quest. "We are planning to look at how we think about eToro with natural language, with voice, but actually also in the realm of AR VR, during 2024," Assia told CNBC last week. However, he suggested it will be a serious focus for the firm in 2024.
Persons: Yoni Assia, eToro, Assia Organizations: Apple, Meta, CNBC, Apple Vision, Vision Locations: New York, United States
"We definitely are eyeing the public markets," Assia told CNBC in an exclusive interview last week. "I definitely see us becoming eventually a public company." EToro has already put the work in toward becoming a public company, he suggested, and the question of listing is more a matter of when, not if. Retail investors come to eToro to buy shares of a public company. EToro now has 35.5 million registered users, and over 3 million funded accounts.
Persons: Yoni Assia, Assia, EToro, eToro Organizations: Stock, CNBC, Nasdaq, eToro, EToro Club Locations: Lisbon, Portugal
Pedro Fiúza | Nurphoto | Getty ImagesStock trading platform eToro agreed to a $120 million secondary share sale, giving the company a slightly lower valuation than the $3.5 billion it was valued at in a primary funding round earlier this year. The round is a secondary share sale, meaning the company hasn't issued any new shares and won't net any income from the transaction. eToro is not raising money — rather it is a moment for some long standing shareholders and employees to take some liquidity. EToro most recently raised $250 million from investors at a $3.5 billion valuation, far lower than the $10 billion it was seeking in its bid to float via SPAC. EToro agreed it would convert the investment to equity on the condition that the SPAC deal doesn't go ahead — which it didn't.
Persons: Pedro Fiúza, hasn't, eToro, Fintech, doesn't Organizations: Nurphoto, Getty Images Stock, CNBC, Investors, Vision, ION Investment Group, Velvet Sea Ventures, Twitter Locations: Lisbon, Portugal, eToro
Elon Musk told a Morgan Stanley conference last month he wants Twitter to become "the biggest financial institution in the world." Twitter will let its users access stocks, cryptocurrencies and other financial assets through a partnership with eToro, a social trading company. With the eToro partnership, Twitter cashtags will be expanded to cover far more instruments and asset classes, an eToro spokesperson told CNBC. We believe this partnership will enable us to reach those new audiences [and] connect better the brands of Twitter and eToro." Founded in Israel in 2007, eToro is an online brokerage that lets users buy and sell stocks, cryptocurrencies and index funds.
Total: 4