AcquisitionsApr 15, 2026, 03:47 AM
eToro to Acquire Zengo, Expanding Digital Asset Capabilities
AI Summary
eToro Group Ltd. announced an agreement to acquire Zengo, a leading self-custodial crypto wallet provider. This acquisition aims to deepen eToro's digital asset capabilities and accelerate its strategy of connecting traditional finance with on-chain infrastructure and the crypto-native economy. The deal will expand eToro's ability to support evolving digital asset use cases, including tokenized assets and decentralized trading models, while leveraging Zengo's innovative MPC cryptography and comprehensive self-custody solutions.
Key Highlights
- eToro to acquire Zengo, a self-custodial crypto wallet provider.
- Acquisition deepens eToro's digital asset capabilities and on-chain strategy.
- Zengo is a pioneer in multi-party computation (MPC) cryptography.
- Zengo offers a full-service crypto experience including swaps, staking, and dApp access.
- eToro saw commodity trading account for 60% of Q1 2026 commissions, nearly 4x YoY volume.