eToro has entered into an agreement to acquire Zengo, a self‑custodial crypto wallet provider, in a deal valued at around $70 million, according to multiple reports and company statements. Zengo, founded in 2018, is known for its keyless, multi‑party computation (MPC) wallet architecture, which removes traditional seed phrases while maintaining user self‑custody. The acquisition is […]
The post How eToro’s Zengo Deal Reshapes the Competitive Landscape for Money Transfer and Trading Platforms first appeared on The UCW Newswire : Global Financial, Business and Tech News.
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