eToro CEO: Tokenization of entire financial services industry is a huge opportunity for us

Core Viewpoint - The company has experienced significant growth in profitability, revenue, and product innovation, despite the volatility in the crypto market, and is focusing on diversification beyond just crypto investments [2][4][5]. Financial Performance - The company reported 2025 as its most profitable year, with growing margins and revenues, and an increase in share buybacks as a strategic opportunity [2]. - The company has seen record levels of trading in gold, silver, and commodities, indicating strong performance in these areas despite a downturn in crypto [3]. Market Strategy - The company emphasizes diversification, having started as a securities broker before entering the crypto space, and continues to invest in equities and commodities during crypto downturns [4][5]. - The long-term prospects for Bitcoin and Ethereum are viewed positively, with expectations of significant price increases and opportunities in the tokenization of financial services [6][7]. Customer Behavior - The company notes that customers are resilient during bear markets, with an increase in the number of units of Bitcoin and Ethereum held, indicating a trend of "hodling" [10]. - The profile of customers engaging in recent selling is being analyzed to understand future trends in the crypto market [7]. Product Development - New product offerings are being introduced, including a non-custodial crypto wallet and new asset types, which are expected to enhance customer engagement and trading options [11].