eToro Acquires Zengo, a Self-Custody Crypto Wallet Firm, for $70 Million
eToro has acquired Zengo, a self-custodial crypto wallet provider, for $70 million in cash. The deal combines eToro's 40 million users with Zengo's secure wallet technology, enhancing eToro's offerings in digital asset management. The acquisition is expected to boost eToro's growth in the crypto space.
Tickers: $ETOR
Topics: acquisition crypto eToro MPC cryptography self-custody wallet Zengo