[EToro Co-Founder: The Company Has Sufficient Cash for 'More Ambitious' Acquisitions] According to Bloomberg, Ronen Assia, co-founder of the multi-asset trading platform EToro Group Ltd., stated that the company is ready to pursue 'more ambitious' acquisition deals and has the necessary funds to execute such transactions. He mentioned that acquisition targets include entities that could enable the platform to add more asset classes and expand into more regions, though he did not specify any particular companies or plans. Since 2020, EToro has undertaken a series of acquisitions, including the 2024 acquisition of fintech companies Gatsby and Spaceship. As of June 30, EToro held approximately $1.2 billion in cash and cash equivalents, with a cash position of $988 million during the same period, and no debt.