Cryptocurrency and Stock Trading Platform Etoro Aims to Go Public Through a $...
The online cryptocurrency and stock brokerage platform Etoro has announced the company is going public via a deal with a special purpose acquisition company called Fintech Acquisition Corp V. The Etoro merger is a $10.4 billion deal, backed by the banking entrepreneur and Fintech Acquisition Corp V chair Betsy Cohen. Etoro Enters a Special Purpose Acquisition in a $10.4 Billion Deal The popular cryptocurrency trading platform and stock brokerage service, Etoro, has plans to go public with a $10.4 billion merger. The merger was invoked by a firm called Fintech Acquisition Corp V, and....
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Asset-trading platform eToro today launched bitcoin trading for its three million registered users. With the launch, the platform hopes to target investors who are new to the cryptocurrency. Communications manager Nadav Avidan said: "If you want to invest in bitcoin and you're not a computer geek, you don't really know where to start. We're providing a simple way for people to get involved." According to Navidan, almost 5% of eToro's active user base (about 200,000 users) have open bitcoin positions at the moment. Users from South America, the UK and Germany are currently the top bitcoin....
eToro has ambitions to join Coinbase as a public company as the social trading platform looks to a 2021 IPO. Trading platform eToro reportedly could go public in 2021. Sources told Cointelegraph that eToro has been working with the London Stock Exchange's "Elite" program to prepare for an initial public offering."EToro does not comment on market rumours," an eToro representative told Cointelegraph.However, employees at eToro have shared an article from Israel-based media outlet Calcalist announcing the IPO on LinkedIn, apparently with the blessing of CEO Yoni Assia.EToro "is targeting an....
Etoro, an Israel-based trading platform, has taken action on its platform regarding the trading of cardano and tron. Now, U.S.-based customers will have limited functionality with these cryptocurrencies on the Etoro platform starting in December. Etoro explained in a post that these new measures were a consequence of “business-related considerations in the evolving regulatory environment.”
Etoro Limits Cardano and Tron Trading for US-Based Customers
Etoro, one of the most important Israel-based trading companies, has limited tron and cardano trading for users based....
Social investment network eToro announced today that bitcoin has been added as an investment option on the service's OpenBook platform, allowing their 3 million users to easily throw in a small investment. This three-click process is designed to be as simple as possible, and it's classified bitcoin as a stock in hopes of getting more investors attracted to it. eToro allows the investor to select an amount, or enter their own. eToro is currently quoting Mt. Gox pricing, and takes 1 percent of the transaction value for themselves. The company notes that trades are executed 4 times daily....
Social trading platform eToro could become the next fintech player to pursue a public listing in the United States by merging with a blank check firm. Crypto-friendly trading platform eToro appears to be making firm moves toward achieving its goal of going public in the United States.According to a press release issued on Tuesday, eToro is in talks with FinTech Acquisition Corp V — a special-purpose acquisition company, or SPAC, owned by veteran Philadelphia banker Betsy Cohen — toward a $10 billion merger.Both companies are looking to raise equity to the tune of about $650 million to....