eToro Beats Q2 Estimates and Moves to Buy TradeZero
TL;DR eToro announced the acquisition of TradeZero for up to $231 million in cash and stock to accelerate its U.S. expansion. The platform reported revenues of
eToro (Latest Publications)
eToro Backs $12.5M Funding Round for Onchain Perps Platform Extended
TL;DR: eToro led a $12.5 million strategic funding round for the Extended perpetual futures exchange. Jump Crypto participated in the investment round alongside the financial brokerage
Robinhood, eToro, MetaMask Join Open Transaction Layer Alliance
TL;DR: Robinhood, eToro and MetaMask joined the Open Transaction Layer alliance, which aims to standardize coordination for compliant onchain transactions across networks. OTL focuses on identity,
eToro Stays Bullish on Crypto Despite Q1 Slowdown
TL;DR: eToro’s crypto derivatives activity dropped in Q1, while cryptoasset revenue fell to $2.15 billion from $3.50 billion, but earnings still improved. Commodities became the main
eToro to Acquire Zengo, Adding Self‑Custody to Its Onchain Finance Push
TL;DR: eToro agreed to acquire Zengo, a self-custody wallet provider, in a deal valued at approximately $70 million. Zengo adds multi-party computation technology to the platform,
eToro Opens Crypto Trading to New York Residents, Expanding Access to 48 States
eToro will provide crypto trading services to residents of the state of New York, thus completing its coverage across 48 states in the United States. The trading
eToro Shares Jump 19% After Q4 Profit Grows and Crypto Derivatives Swing to $74 Million Gain
TL;DR Crypto derivatives trading contributes $74 million, swinging from a $130 million loss the prior year. The cost of crypto revenue reaches $12.9 billion, nearly erasing
Etoro to Add Singapore Exchange Stocks in Asia Expansion Push
Nasdaq-listed investment platform eToro plans to roll out Singapore Exchange-listed stocks later this year as it positions Singapore as its hub for Asia-Pacific growth, CEO Yoni
EToro Beats Q3 Estimates as Crypto Trading Fuels Strong Growth, KBW Reports
eToro reported stronger-than-expected results for the third quarter, according to Keefe, Bruyette & Woods (KBW). The trading platform posted adjusted EBITDA of $78 million, exceeding both
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