Takeaways:
- Partnerships can enhance financial education: eToro’s partnership with Twitter Cashtags is an innovative approach to promoting financial education.
The partnership allows eToro users to access information about a particular financial asset, join discussions and share information with other users. This can help users make more informed investment decisions, which aligns with eToro’s mission of making investing more accessible and transparent for everyone.
- FTX, the crypto exchange that collapsed last year, is reportedly considering a reboot and negotiating with stakeholders for a possible relaunch,
FTX attorney Andy Dietderich said that the company is stabilizing and in the process of negotiating its future.
However, restarting the exchange won’t be easy, as FTX will need to raise significant capital or convert creditor holdings into an ownership interest in the reboot. FTX has already recovered $7.3 billion in assets since new management took over the company, including $2 billion in cash and $4.3 billion in cryptocurrency.
The news of a possible relaunch has driven a 70% surge in FTX’s FTT token since Wednesday afternoon.
