PANews reported on November 10 that eToro's Q3 2025 financial report showed strong performance in its crypto-related business, with crypto transaction volume increasing by 84% year-on-year in October and average investment amount increasing by 52%, reflecting a significant increase in user activity.
eToro stated that it is accelerating the construction of a crypto ecosystem that integrates traditional finance and Web3, and expects to launch a crypto wallet that integrates prediction markets, lending, and tokenization functions in the coming quarters. Meanwhile, the company has expanded its support for crypto assets to 110 in the United States and launched staking services for ADA, ETH, and SOL.

BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more
