EToro CEO: Decided to Reduce Focus on Cryptocurrency After Meeting with Buffett

Odaily Planet Daily News - eToro CEO Yoni Assia said that after meeting with Berkshire Hathaway Chairman Warren Buffett, he reevaluated his focus on cryptocurrency and decided to invest more energy into traditional value investing. Yoni Assia was previously an active advocate for cryptocurrency, but was inspired by his communication with Buffett to emphasize the importance of long-term investment and fundamental analysis. He pointed out that although encryption technology has potential, the current market volatility is high, and investors should pay more attention to the balance between risk management and asset allocation. EToro has also been adjusting its business focus recently, strengthening support for traditional financial products such as stocks and ETFs to adapt to the constantly changing market demand. （The Block）