eToro Agrees to Acquire TradeZero in $231M US Expansion, Stock Tanks 10% - Decrypt

eToro acquires TradeZero for up to $231 million as crypto revenue falls 30%

Trading platform eToro agreed to buy US brokerage TradeZero for up to $231 million while reporting Q2 results showing crypto revenue dropped nearly 30% year-over-year despite beating overall profit estimates.