eToro reported that it will go public through a merger with SPAC FinTech Acquisition Corp. V in a big $10.4 bln deal. It is an Israeli social trading brokerage company that focuses on providing financial and copy trading services. As soon as this transaction will be closed in Q3, the firm will work as eToro Group Ltd. It will also appear on the Nasdaq market. Undoubtedly, the company followed the most trending spheres like digital wealth solutions as well as the retail industry and supported mass adoption of digital assets. There is no doubt that it benefitted from the recent soar in retail investment interest, and in tools and financial applications.
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