{"id":139119,"date":"2023-09-02T02:21:30","date_gmt":"2023-09-01T20:51:30","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=139119"},"modified":"2023-09-02T02:21:30","modified_gmt":"2023-09-01T20:51:30","slug":"etoro-co-founder-yoni-assias-life-in-finance-led-him-to-adopt-crypto-early-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/etoro-co-founder-yoni-assias-life-in-finance-led-him-to-adopt-crypto-early-crypto-news\/","title":{"rendered":"eToro co-founder Yoni Assia\u2019s life in finance led him to adopt crypto early &#8211; Crypto News"},"content":{"rendered":"<div data-v-2649fa34=\"\">\n<p>Yoni Assia, co-founder and CEO of eToro, entered the finance industry early. After receiving stock as a bar mitzvah gift, he became a successful trader while still in high school. Those profits largely disappeared as the dot-com bubble burst just as he was beginning his military service. That would turn out to be the first of a number of dramatic highs and lows Assia has seen in his career.<\/p>\n<p><iframe loading=\"lazy\" title=\"How Yoni Assia created eToro | Crypto Stories\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/ZGrhyi1deEE?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<p>In this episode of Cointelegraph\u2019s <em>Crypto Stories<\/em>, Assia recounts the early days of eToro and the launch of crypto trading on the platform \u2014 which a young programmer named Vitalik Buterin helped with. <\/p>\n<p>In 2007, trading platforms were \u201csuper complex. You always looked at multiple screens and lots of numbers,\u201d Assia said. Manual processes were still part of opening a brokerage account, and it took several days. But eToro was founded on a different model, one where the user downloaded the software, funded the account with a credit card and started trading. <\/p>\n<p><strong><em>Related: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/btc-price-quotes-now-live-on-twitter-following-etoro-partnership\">BTC price quotes now live on Twitter following eToro partnership<\/a><\/em><\/strong><\/p>\n<p>The global economic crisis hit the following year, but the new company prospered in spite of it. \u201cWe learned [\u2026] that crisis actually generates a lot of internet interest in what is happening in finance,\u201d Assia said.<\/p>\n<p>Assia discovered Bitcoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/bitcoin-price\">BTC<\/a>) in 2010, saying:<\/p>\n<blockquote><p>\u201cI saw the opportunity to turn the entire financial industry into a blockchain industry, and we started with the concept of \u2018let\u2019s tokenize assets on top of the Bitcoin protocol.\u2019\u201d<\/p><\/blockquote>\n<p>That\u2019s where Buterin came in.<\/p>\n<p>EToro introduced Bitcoin trading a month before the Mt. Gox collapse sent the price plummeting from $1,200 to $150. A mere 2% of customers traded crypto then, but that figure had climbed to 90% by 2017. <\/p>\n<p>The portfolios of eToro\u2019s 32 million registered users are visible on the platform, allowing customers to see what other traders hold and what their investment strategies are.<\/p>\n<p><strong><em>Magazine: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/magazine\/ep-4-tokenization-listings-and-trading-trends-with-yoni-assia-etoro\/\">Ep. 4 \u2013 Tokenization, Listings, and Trading Trends with Yoni Assia (eToro)<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Yoni Assia, co-founder and CEO of eToro, entered the finance industry early. After receiving stock as a bar mitzvah gift, he became a successful trader while still in high school. Those profits largely disappeared as the dot-com bubble burst just as he was beginning his military service. That would turn out to be the first [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":139120,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-139119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/139119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=139119"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/139119\/revisions"}],"predecessor-version":[{"id":147841,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/139119\/revisions\/147841"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/139120"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=139119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=139119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=139119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}