Another busy week across financial markets saw crypto
weakness weigh on trading revenues, while broker earnings, regulation and
expansion plans remained in focus.

Trading activity softened in parts of the CFD market, while
firms continued to invest in equities, technology and new markets. AI adoption
also accelerated across trading infrastructure, alongside regulatory
developments in crypto and CFDs.

eToro,
Robinhood and Coinbase all reported lower crypto revenue in the second quarter,
as weaker market activity reduced the contribution from digital assets. eToro’s
cryptoasset revenue fell 30% year-on-year to $1.35 billion, while its net
contribution from crypto dropped to about $12.5 million.

Robinhood’s
cryptocurrency transaction…