eToro Announces $70 Million Acquisition of Crypto Wallet Provider Zengo
In a significant move, eToro has entered into an agreement to acquire Zengo, a prominent crypto wallet provider, in a deal valued at approximately $70 million. This acquisition brings self-custody tools to eToro's trading platform, combining its multi-asset investing network with Zengo's non-custodial wallet technology. By leveraging Zengo's multi-party computation (MPC) security, users can safeg…
April 15, 2026, 9:34 a.m.