Trading platform eToro’s proposed merger with FinTech Acquisition Corp. V in March 2021, valued at $10.4 billion at the time, has been terminated. The deal was cancelled last July after the two firms could not agree on closing conditions. This news comes as a blow to eToro, which was hoping to go public through the merger. The trading platform has been expanding its offerings, including the addition of cryptocurrency trading in 2017. Despite the setback, eToro remains a major player in the trading industry, with over 20 million registered users.
About the author - J-S Tremblay
I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...
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