Raoul Pal: The Journey Man The End of Human Trading?
31 snips
May 7, 2026 
Yoni Assia, founder and CEO of eToro and a markets technologist, discusses AI agents, tokenization, and crypto rails reshaping finance. He describes 24/7 machine-driven trading, AI-built tokens and agent wallets, and how collective intelligence and agent networks could unbundle traditional asset management.
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Shared AI Creates Collective Alpha
- eToro is building a shared AI layer that learns from all user interactions to surface collective alpha and smart portfolios.
- They expose these learnings via AI studio, APIs and smart portfolios so individual investors benefit from pooled intelligence.
Use Agents To Run 24/7 Portfolios
- Do connect external AI agents to your brokerage account to create persistent agent portfolios that manage assets 24/7.
- Yoni says agent portfolios can run fundamentals, news, and cross-asset strategies continuously to outperform manual oversight.
Agents Expand The Economic Marketset
- Raoul Pal argues agents turn the addressable market from finite humans to effectively infinite economic actors because autonomous agents will form capital, hold treasuries, and transact.
- That expands TAM dramatically as machines become productive economic units.
