Yoni Assia, Founder and CEO of eToro
5.0/10

Yoni Assia, Founder and CEO of eToro

One of the first businesspeople to utilize cryptocurrency and blockchain technology is Yoni Assia. Assia pioneered Bitcoin trading back in 2013 and has since diversified the platform's capabilities with other well-known cryptocurrencies as the co-founder and CEO of Israeli multi-asset trading platform eToro.

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Assia and Vitalik Buterin, a co-founder of Ethereum, wrote the Colored Coins white paper together in the same year. In 2018, he started the GoodDollar foundation, a nonprofit organization that seeks to close the wage gap by encouraging the unbanked and poor to use cryptocurrencies.

However, he first presented the GoodDollar idea in the form of The Visible Hand white paper in 2008, which is when he first had the idea to develop a new economic system. Assia is a co-founder and the development manager of WiTech Communications and CDRide, two businesses that specialize in video technology, and she holds a master’s degree in computer science from Reichman University in Israel. She also has experience serving on the board of the Israeli investment firm Meitav Dash.

Where @elonmusk failed… I’m taking @eToro private at $4.20B. Funding Secured.

https://twitter.com/yoniassia

2023

A source with knowledge of the situation told that Israeli digital stockbroker eToro has consented to a $120 million secondary share sale. This comes more than a year after the business abandoned its intentions to go public through a merger through a blank-check company.

According to an internal record whose contents were verified by a business official, the company is offering its staff members and angel investors the opportunity to sell shares to eToro’s current investors through the secondary market.


2022

Assia believes that, in addition to geographic expansion, eToro’s future growth will be significantly influenced by adherence to regional laws and operational licenses. Assia intends to launch an initial public offering to take eToro public, subject to regulatory approval.

According to Assia, retail investors will be crucial in accelerating the acceptance of cryptocurrencies. The creation of additional tools to enable investors to investigate cryptocurrencies is on his company’s roadmap. As concerns about the global wage gap grow, the GoodDollar movement hopes to bring 100 million individuals into the digital economy.

In order to accelerate the platform’s domination around the world, eToro will also expand its many current options, including its DeFi portfolio, crypto debit cards, and wallet services.


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