Trading Platform eToro Is Going Public in $10 Billion Merger

EToro is set to go public through a merger worth over $10 billion dollars.

The deal with FinTech Acquisition Corp V will include a $650 million common share private placement from investors that include Fidelity Management & Research Co LLC.

eToro was founded in 2007. It has approximately 20 million users, with the platform allowing them to invest in stocks, exchange-traded funds and cryptocurrencies.

This is a developing story, check back for updates. 

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