eToro CEO: Decided to reduce focus on cryptocurrency after meeting with Buffett

Yoni Assia, CEO of eToro, said that after meeting with Warren Buffett, chairperson of Berkshire Hathaway, he reassessed his focus on cryptocurrencies and decided to devote more energy to traditional value investing. Yoni Assia was previously an active advocate of crypto assets, but was inspired by his exchange with Buffett and began to emphasize the importance of long-term investing and fundamental analysis. He pointed out that despite the potential of crypto technology, the current market volatility is high, and investors should pay more attention to risk management and balance of asset allocation. eToro has also recently been adjusting its business focus, strengthening its support for traditional financial products such as stocks and ETFs to adapt to changing market demands.