eToro to Buy TradeZero for Up to $231 Million as Equities Lead Second-Quarter Growth
Creator: Damian Chmiel |
Date: 2026-08-11 11:46:00
This text was initially revealed by FinTech – Finance Magnates | Monetary and enterprise information. The title and a short excerpt are offered for informational and reference functions. Readers ought to go to the unique writer for the whole article, supporting context, photographs, and any subsequent updates.
eToro agreed to purchase US brokerage TradeZero for as much as $231 million, the Nasdaq-listed buying and selling platform stated at the moment (Tuesday). It introduced the deal alongside second-quarter outcomes exhibiting internet contribution up 9% year-over-year to $229 million and internet earnings of $53.5 million.
eToro can pay in money and as much as 2.5 million newly issued Class A shares, topic to buy worth changes. TradeZero generated about…
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