By: Tyrone Jackson2021-11-23
eToro will be moving its US hub to Miami, Florida and it had already started looking for an office space that can accommodate around 50 employees.
This announcement was made during the Bitcoin 2021 Conference after Blockchain.com, a cryptocurrency exchange, had a similar announcement that they will be transferring their headquarters from New York.
As per Guy Hirsch, the US managing director for eToro, the increasing number of players in the finance and cryptocurrency markets moving to Miami was among the reasons why the brand decided to make the move. This was also complemented by Miami Mayor Francis Suarez’s push to transform the “magic city” into a tech innovation hub.
Mayor Suarez was able to make a comment on this announcement:
eToro’s commitment to Miami furthers the narrative that this is not a moment but a movement, and we are on our way to becoming the “Capital of Capital”.
Do take note that eToro’s future US headquarters will not abolish the current office that they have in Hoboken, New Jersey. Both offices will exist to share duties that will cater for its US clients.
Here's the deal: If you are, click on the button below to get started. Doing so will take you directly to their online sign-up form which will only require a few minutes of your time to complete so you can have an account and start exploring its platform.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.