I am certainly not. The ALY team has much to accomplish in the near term but needs to be applauded for their ingenuity, selection of partners (EU) and operations point of entry. With a license to operate in the EU, it should be far easier to commence operations in NA; getting the necessary licenses/exchange compliances.
The combination of a trading platform with AI/CapitalCube etc is significant. They likely have structural strategies to consider as well. All of this being said, if they onboard ~1m (+) users interim with Intesa, the valuation will be through the roof. The duplication and pragmatic outcomes for the NA market, experience/learning & growth, from the EU will be most interesting.
They also have been relatively quiet. I suspect, and dearly hope, that the story remains quelled however this will change once the NA operations become more apparent. Its very possible that the SP we see today will never be seen again.