eToro CEO: Customers are using AI agents to trade 24/7 in their accounts

Financial Performance - eToro experienced a nearly 30% decline in revenue from crypto assets in Q2 [1] - Funded accounts grew by 18% year-over-year, with top-line and bottom-line both increasing by 9% in Q2 [9] Strategic Expansion & M&A - eToro announced an agreement to acquire competitor Trade Zero to push and expand its presence in the US market [1][5] - The acquisition integrates global products, enabling the launch of long-short leverage trading, futures trading, and prediction markets in the US [6] - eToro acquired Zeno, a non-custodial wallet allowing customers to live onchain, perform swaps, and access prediction markets directly [4] Market Trends & User Behavior - eToro targets a core audience aged 25 to 45 (Gen Y) while increasingly focusing on Gen Z users through digital-native offerings [4] - The platform features nearly 6,000 popular global investors whose performance can be viewed and automatically copied by users [8] - Crypto traders shifted significantly into commodities (such as gold, silver, and oil) and equities during recent quarters [8][9] - eToro integrated an official Grok connector, enabling customers to utilize AI agents for 24/7 portfolio analysis and automated trading strategies [10]