This page may contain stale information. Last updated: 2026-04-25
Overview
eToro is a publicly traded social trading and fintech company listed on Nasdaq. The company operates a multi-asset platform enabling users to invest in stocks, crypto, and other financial instruments. With 40 million registered users, eToro is one of the largest retail trading platforms globally.
Recent Developments
- April 2026: Announced acquisition of Zengo, a self-custodial crypto wallet provider, for approximately $70 million
- May 2025: Completed Nasdaq listing via SPAC merger
- Post-IPO: The Zengo acquisition marks eToro’s first major move as a public company
Zengo Acquisition
Deal Details
- Price: Approximately $70 million
- Target: Zengo, self-custodial crypto wallet provider
- Technology: MPC (Multi-Party Computation) wallet technology
- Strategic Goal: Provide 40 million users with secure access to on-chain activities
Integration Plans
- MPC technology to be integrated into eToro’s existing ecosystem
- Enables secure on-chain activities for existing user base
- First major acquisition following public listing
Business Model
- Social trading platform with copy trading features
- Multi-asset support (stocks, ETFs, crypto, commodities)
- Registered users across 140+ countries
- Public company with quarterly earnings obligations