POPA ReconeToro to Buy TradeZero for Up to $231M in US Push
eToro to Buy TradeZero for Up to $231M in US Push eToro agreed to acquire US online brokerage TradeZero for up to $231M in cash and new shares, its biggest move yet to expand in the American market. Founded in 2015, TradeZero brings broker-dealer infrastructure, execution technology and access to Canada, on roughly $80M of revenue at an 81% gross margin. eToro says the deal is accretive in year one and adds an experienced active-trader team. Unveiled alongside eToro's Q2 earnings beat, the acquisition is expected to close in the first half of 2027, subject to regulatory approvals. 👉 nvesto…
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