POPA ReconeToro Acquires Zengo Wallet in $70 Million Deal
eToro Acquires Zengo Wallet in $70 Million Deal eToro has agreed to acquire crypto wallet provider Zengo in a deal valued at ~$70M, as it moves to add self-custody and expand its presence in onchain finance. The acquisition gives eToro direct control over wallet infrastructure, enabling it to connect trading with onchain services and build a more integrated product stack beyond brokerage. This opens the door to new offerings, including tokenized assets, DeFi access, prediction markets and perpetual trading, as the company shifts toward a full-stack crypto platform. Zengo, which uses multi-…
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