🔥 BULLISH: @eToro CEO @yoniassia says he survived three major crypto crashes, sold $BTC at the 2025 top, and is buying again as he shares his outlook on Bitcoin and tokenization. https://t.co/eicfSdmCei ...

@eToro @yoniassia Watch the full interview for his next big call:https://t.co/Zhm2ip9iBs ...

RT Eli Ben-Sasson | Starknet.io (@EliBenSasson)Great chatting with @yoniassia CEO and Founder of @eToro .Told him that 3 of top 7 perps exchanges are running on our tech.Ask me anything. https://t.co/MuWwgRoQiD ...

Mainnet Launch & Stablecoin - ADI Chain 主网已上线，将为阿联酋官方的迪拉姆支持的稳定币提供动力 [1][2] - 该稳定币由阿联酋中央银行监管，并由阿联酋最大的银行（First Abu Dhabi Bank）和 International Holding Company 构建 [1] Token & Listing - ADI Chain 的原生代币 $ADI 已上线 [2] - $ADI 在 Kraken, KuCoin, Crypto.com 上市，并即将登陆 eToro，确保全球可访问性和流动性 [2] Network & Transaction Volume - ADI Chain 从结算速度中捕获 gas 费，阿联酋每周有数十亿美元的支付交易 [1] - 更多的交易意味着对 $ADI 的更多需求 [1]

Congratulations to the @ADI_Foundation for the successful launch of @ADIChain_ and $ADI.We look forward to jointly building together the future of the MENA economy onchain.Built in Abu Dhabi.Designed for the world.Powered by ZKsync.ADI Chain (@ADIChain_):ADI Chain Mainnet and $ADI are now live.A new era of institutional blockchain starts today.From day one, $ADI is listed on @krakenfx, @kucoincom, and @cryptocom, and soon on @eToro, ensuring global accessibility and liquidity as the network scales.The token ...

Company Overview - Wealthfront is an automated digital wealth management firm based in Palo Alto, California, founded in 2008 by Andy Rachleff and Dan Carroll [3] - The company provides automated tools such as cash accounts, ETFs, bond investing, trading, and low-cost loans to its clients [3] IPO Details - Wealthfront is targeting a valuation of up to $2.05 billion in its U.S. initial public offering (IPO) [1] - The company plans to raise as much as $485 million by selling 34.6 million shares at a price range of $12 to $14 each [1] - Wealthfront intends to list on the Nasdaq Stock Market under the symbol "WLTH" [3] - Goldman Sachs, J.P. Morgan, and Citigroup are among the underwriters for the offering [3] Market Context - The U.S. IPO market has shown recovery after a slowdown, driven by rising odds of a Federal Reserve interest rate cut, which has boosted investor demand for new offerings [2] - Fintech companies, including Wealthfront, have experienced strong demand, with shares of similar firms like Klarna, Chime, and eToro jumping on their market debuts [2] Historical Valuation - In 2022, Wealthfront was valued at $1.4 billion when a planned acquisition by Swiss bank UBS was scrapped due to reported shareholder pushback over the deal's terms [4]

Inflation Overview - Singapore's inflation rate rose for the second consecutive month, reaching a year-on-year increase of 1.2% in October, the highest since August 2024, surpassing the 0.9% average estimated by economists [1][2] - Core inflation also increased to 1.2%, up from 0.4%, exceeding the 0.7% expected in the Reuters poll [2][3] Economic Growth - Singapore's economy grew by 4.2% in the third quarter year-on-year, outperforming estimates and extending the previous quarter's growth of 4.7% [5] - The Ministry of Trade and Industry upgraded the economic growth forecast for Singapore to 4% from a previous range of 1.5%-2.5% [4] Trade and Exports - Singapore's trade-to-GDP ratio is over 320% in 2024, indicating a heavy reliance on trade [6] - In the third quarter, non-oil domestic exports (NODX) fell by 3.3% year-on-year, primarily due to weaker pharmaceutical and petrochemical exports [6] - However, in October, NODX surged by 22.2% year-on-year, driven by exports of non-monetary gold and electronic products [7] Future Inflation Projections - The Monetary Authority of Singapore forecasts inflation to be around 0.5% to 1% for 2025 [7] - Core and headline inflation are expected to exceed 1% in 2026, influenced by factors such as increased public transport fares and a higher carbon tax [8]

Summary of Nasdaq Conference Call Company Overview - **Company**: Nasdaq (NasdaqGS:NDAQ) - **Date**: November 19, 2025 - **Speaker**: Sarah, CFO of Nasdaq Key Industry Insights Generative AI (Gen AI) Impact - Nasdaq has been preparing for Gen AI for over a decade, having invested in cloud and AI technologies since 2014 and 2015 respectively [6][10] - The company emphasizes the importance of contributory data, which is unique and not easily replicable, as a competitive advantage for Gen AI applications [6][7] - Examples of contributory data include: - **Verafin**: Over $10 trillion in total assets from 2,700 banks, developed over 15 years [7] - **eVestment**: Utilized by allocators for around 89,000 strategies [7] - Gen AI applications are expected to enhance efficiency in compliance and fraud detection for banks, potentially reducing the need for human intervention in 80% of sanctions processes [8][9] Financial Performance and Growth - Nasdaq has seen a significant increase in enterprise signings for Verafin, with three times the amount of signings in the current year compared to previous periods [13] - The average contract value (ACV) of signings has doubled, indicating strong demand [13] - The cross-sell pipeline remains steady at approximately 15%, with ongoing efforts to expand into new markets, including Europe [13][14] Capital Market Technology - Nasdaq reported a 13% growth in capital market technology in Q3, driven by advancements in Gen AI across various business segments [15] - The company operates about 20 exchanges across the Nordics and the U.S., benefiting from new entrants in the digital space [19] Regulatory Technology (Reg Tech) - Nasdaq anticipates the implementation of smart regulation, which will provide clarity for clients and enhance the adoption of regulatory solutions [22][23] - The company has a strong international presence with coverage in 55 countries and 110 regulators, making it difficult for competitors to replicate [23] Data Business - Nasdaq's data business is divided into regulated data and proprietary data, with significant growth in both areas [36][37] - The company is expanding its data offerings to include local stocks from the Nordics and alpha-generating datasets for hedge funds [37][38] Tokenized Securities - Nasdaq has proposed a framework for tokenized securities that aims to enhance liquidity while maintaining investor protections [39][40] - The proposal allows for settlement options in both traditional and tokenized forms, potentially improving efficiency in capital markets [40] Cost Synergies and Expense Management - Nasdaq has exceeded its synergy guidance, achieving approximately $150 million in cost efficiencies year-to-date [41] - The company is focused on maintaining a balance between expense growth and revenue growth, with a specific emphasis on leveraging Gen AI for operational efficiencies [42] Capital Allocation Strategy - Nasdaq is prioritizing organic growth and maintaining a progressive dividend policy while considering share repurchases and debt management [45][46] - The company remains open to potential bolt-on acquisitions but emphasizes organic investments as the primary focus [46] Additional Insights - Nasdaq's brand recognition as a top global brand enhances its listings franchise, contributing to its market position [28][29] - The index business has grown significantly, with an increase in assets under management (AUM) from $100 billion in 2017 to $800 billion [30][32] This summary encapsulates the key points discussed during the Nasdaq conference call, highlighting the company's strategic focus on technology, growth, and market positioning.

Market Trends & Price Movements - Bitcoin experienced a 22% decrease from its all-time high in October [1] - Ethereum is down 35%, and Solana has decreased by half [4] - Crypto market experienced a flash crash on October 10th, leading to about a quarter of crypto market makers going out of business [5] - Bitcoin's year-on-year return is estimated to be 35-40% [3] Regulatory Landscape - Potential signing into law of the Clarity Act could create a regulatory framework for crypto [7] - IRS provided clarity on tax issues around crypto [34] Investment Strategies & Opportunities - Dollar cost averaging into volatile assets like Bitcoin is considered a smart approach [4] - Galaxy Digital is a top pick, offering exposure to both institutional crypto platform and AI data center opportunities [19][20][22] - Robin Hood is viewed as a "killer app" with potential to 10x the company's revenue, targeting a $600 billion plus TAM [24][25] - Affirm is favored due to its unlimited total addressable market (TAM) in credit [27] - eToro is considered a value play with a stronger moat and lower valuation compared to Robinhood [28] Risks & Concerns - Market timing is identified as a significant risk for crypto investors [35] - Circle (USDC) is rated as a sell due to concerns about its valuation and the competitive stablecoin market [29][30][31] - The possibility of Bitcoin going to zero is considered unlikely due to its computational complexity and widespread adoption [18] Institutional Adoption & Ownership - Bitcoin ownership is shifting towards institutional investors, with ETFs contributing to retail ownership through an institutional wrapper [36][37] - Roughly 50% ownership of Bitcoin is estimated to be institutional versus retail [37] AI & Crypto Intersection - Energy is a key common denominator between AI and crypto, with companies like Galaxy Digital and Hut 8 leveraging energy assets for both Bitcoin mining and AI data centers [38][39] Future Outlook - Official price target for Bitcoin is close to $150,000 by 2027 [10] - Bitcoin will be a larger asset class than gold by the year 2035 [11]

Core Insights - Artificial intelligence is positioned as a transformative tool for retail investors, enabling them to access insights and strategies previously available only to elite hedge funds [1][2] - eToro has launched AI-powered tools and APIs, allowing users to create personalized investing tools and interact with AI personas of legendary investors [2][3] - The company reported strong financial results for Q3 2025, driven by increased interest in crypto trading, and announced a share repurchase plan to reinforce confidence in long-term growth [6] Company Developments - eToro introduced Tori, an AI chatbot that assists users in portfolio analysis and market inquiries [4] - The platform allows users to emulate investment strategies of renowned investors like Warren Buffett and Benjamin Graham [3] - eToro went public on Nasdaq, raising $310 million with an initial IPO price of $52, although the stock has since declined by 40% [5] Financial Performance - eToro's Q3 2025 adjusted EPS reached $0.60, an 18% increase year-over-year, while net contribution rose 28% to $215 million [6] - The company has initiated a $150 million share repurchase plan, reflecting its commitment to shareholder value and confidence in future growth [6]