Ronen Assia on crypto strategy
From eToro Group Q1 2026 Earnings Call | Funded Accounts Hit 4M As Quarterly Revenue Surges 28% To $240M · · Investing 101
“We are seeking to position eToro to lead the transition to an onchain financial world. We believe that crypto downtimes are the time to build, and this acquisition reflects that long-term commitment and approach.”
On , Ronen Assia, Founder & Executive Director at eToro Group, spoke about crypto strategy during eToro Group Q1 2026 Earnings Call | Funded Accounts Hit 4M As Quarterly Revenue Surges 28% To $240M on Investing 101.
About Ronen Assia
Ronen Assia, founder and executive director of eToro, discussed the company's Q1 2026 results, reporting quarterly revenue of $240 million, a 28% increase year-over-year, and funded accounts reaching over 4 million, representing 12% growth. He attributed the growth to increased strategic marketing investment and improved retention, and noted that momentum continued into April with 13% year-over-year growth in funded accounts. Assia stated that eToro plans to increase sales and marketing investment from 21% to 25% of net contribution in 2026 to accelerate growth. Assia described a shift in retail trading activity from crypto to commodities such as metals, oil, and natural gas, and said that retail investors have been "grabbing a lot of the beta" from institutions during market downturns. He highlighted a tenfold increase in AI usage on the platform since moving to a frontier model, and outlined a vision for equipping users with AI agent tools for market analysis and strategy building. Assia also discussed the acquisition of Zenko, a non-custodial wallet, and the registration of eToro's tradeFi business for futures trading, which he said would enable prediction markets. He commented on crypto regulation, stating that the "Clarity Act" provides regulatory clarity that could increase adoption and drive prices higher.