6 Questions for Yoni Assia of eToro - Cointelegraph Magazine
In comparison, Fintech V, which is traded on the Nasdaq exchange and whose sole purpose is to merge with a private company so the latter can"receive" public listing status, has about $250 million in cash held in trust. Nevertheless, Yoni Assia, co-founder and CEO of Toro, assured the public about the state of eToro's underlying business:
"Our balance sheet is strong and will continue to balance future growth with profitability. We ended Q2 2022 with approximately 2.7 million funded accounts, an increase of over 12% versus the end of 2021, demonstrating continued customer acquisition and retention rates that have been improving over time."
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