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GameStop and crypto drive bumper quarter for online broker eToro

Partial earnings come ahead of eToro’s public markets debut via a Spac

Platform continues to cash in on day trading boom
Platform continues to cash in on day trading boom Photo: Getty Images/Tiffany Hagler-Geard

Digital brokerage eToro saw new users jump by more than 200% in the first quarter of the year, as the GameStop frenzy and demand for cryptocurrencies boosted trading activity.

The platform registered 3.1 million new users on its platform in the opening three months of 2021, up from 1 million during the same period last year and 5.2 million for the whole of 2020.

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