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eToro to acquire TradeZero for up to $231 million
The Block says eToro reported its net contribution rose 9% year over year to $229 million, with stronger equities trading contributing to Q2 growth.
eToro has agreed to acquire broker TradeZero for total consideration of up to $231 million, as equities activity supported its second-quarter growth, according to The Block.
The outlet reported that eToro said its net contribution increased 9% year over year to $229 million, driven mainly by stronger equities trading.
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