ouriel ohayon - eToro to Acquire Zengo in $70 Million Crypto Wallet Deal
eToro is making a bigger push into the crypto infrastructure layer. The trading and investing platform said Wednesday that it has entered into an agreement to acquire Zengo, a self-custodial crypto wallet provider, in a deal that is designed to deepen eToro’s digital asset business and strengthen its link between traditional finance and on-chain markets. The transaction is still subject to customary closing conditions.
The move comes as eToro looks beyond simple crypto trading and into the