TechFlow News, April 15: According to GlobeNewswire, eToro—a trading and investment platform—announced it has signed an agreement to acquire Zengo, a leading self-custodial cryptocurrency wallet provider. This acquisition aims to strengthen eToro’s digital asset capabilities and accelerate its strategic initiative to bridge traditional finance with on-chain infrastructure. Founded in 2018, Zengo builds its keyless wallet architecture using Multi-Party Computation (MPC) cryptography and currently serves over 2 million users across more than 180 countries and regions. Since its inception, Zengo has never experienced a wallet theft incident. Following the acquisition, eToro will leverage Zengo’s technological expertise to further support decentralized trading use cases—including tokenized assets, prediction markets, and perpetual contracts. The transaction remains subject to customary closing conditions.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
