The crypto-friendly trading platform is betting on US equities as regulators keep squeezing its token menu.

eToro has agreed to acquire TradeZero for $231 million as part of its expansion into the US market, focusing on US equities amid regulatory pressures on its cryptocurrency offerings. Following the announcement, eToro's stock fell by 10%.

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

Net contribution rose 9% year-over-year to $229 million, driven mainly by stronger equities trading, according to a statement.

eToro has agreed to acquire TradeZero for up to $231 million, with its net contribution rising 9% year-over-year to $229 million, primarily due to increased equities trading, as stated in a report.

eToro agrees to buy TradeZero for up to $231 million as equities drive Q2 growth

eToro has agreed to acquire U.S.-focused brokerage TradeZero for up to $231 million as the trading platform pushes further into the American market while crypto activity among its users continues to fall. eToro said Tuesday that the cash-and-stock transaction would&#8230;

eToro has agreed to acquire U.S.-focused brokerage TradeZero for up to $231 million as it expands into the American market, amid a 73% year-over-year decline in crypto trading activity among its users. The transaction will be a combination of cash and stock.

eToro to buy TradeZero as crypto trades fall 73% year over year

etoro to Acquire TradeZero to Accelerate US Expansion

eToro has announced its acquisition of TradeZero as part of its strategy to accelerate its expansion in the United States. This move aims to enhance eToro's presence in the US market.

etoro to Acquire TradeZero to Accelerate US Expansion

eToro's acquisition of TradeZero is part of a strategic initiative to enhance its expansion in the U.S. market, reflecting the company's shift in focus amid declining crypto trading activity.

eToro's TradeZero Acquisition Aims to Boost US Market Presence

أعلنت eToro عن استحواذها على TradeZero مقابل ما يصل إلى 231 مليون دولار، مع التركيز على الأسهم الأمريكية بينما انخفض نشاط التداول في العملات المشفرة بين مستخدميها بنسبة 73% على أساس سنوي. بعد الإعلان، انخفضت أسهم eToro بنسبة 10%، مما يعكس مخاوف المستثمرين بشأن تراجع سوق العملات المشفرة والضغوط التنظيمية. هذه الخطوة تمثل تحولًا استراتيجيًا لـ eToro حيث تتكيف مع ظروف السوق المتغيرة.

eToro ha anunciado su adquisición de TradeZero por hasta 231 millones de dólares, centrándose en acciones estadounidenses mientras que la actividad de trading cripto entre sus usuarios ha caído un 73% interanual. Tras el anuncio, las acciones de eToro cayeron un 10%, reflejando las preocupaciones de los inversores sobre el mercado cripto en declive y las presiones regulatorias. Este movimiento marca un cambio estratégico para eToro a medida que se adapta a las condiciones cambiantes del mercado.

eToro a annoncé son acquisition de TradeZero pour jusqu'à 231 millions de dollars, en se concentrant sur les actions américaines alors que l'activité de trading crypto parmi ses utilisateurs a chuté de 73 % d'une année sur l'autre. Suite à l'annonce, l'action d'eToro a chuté de 10 %, reflétant les préoccupations des investisseurs concernant le marché crypto en déclin et les pressions réglementaires. Ce mouvement marque un changement stratégique pour eToro alors qu'il s'adapte aux conditions changeantes du marché.