ETORO BUYS TRADEZERO FOR UP TO $231M

INDUSTRY DESK■ 1 MIN READ

TUE, AUG 11, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

eToro has agreed to acquire TradeZero, a US-focused online brokerage serving active traders, in a deal valued at up to $231 million in cash and stock.

TradeZero generated approximately $80 million in revenue during the 12 months ending June 30, according to The Block. The acquisition expands eToro's presence in the US retail trading market. TradeZero specializes in serving active traders with tools and features tailored to their trading strategies. eToro, a global fintech platform offering trading and investment services, has been expanding through strategic acquisitions to strengthen its market position. The deal combines eToro's established platform infrastructure with TradeZero's active trader customer base. The transaction structure includes both cash and stock components, though specific breakdowns were not disclosed. The acquisition is expected to close subject to customary closing conditions.

■ SOURCES

► Techmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

■ MORE FROM THE BUSINESS DESK

P871RUM GROUP EYES $3B AI REVENUE WITH NORTHERN DATA PUSH

RUM Group posted record quarterly revenue as its AI infrastructure expansion gains traction following the Northern Data acquisition. CEO Chris Pavlovski outlined a $3 billion annual revenue opportunity centered on monetizing its Quake AI business and over 250 megawatts of power capacity.

JUST NOW— AI Desk

P862SCALEUP EUROPE'S $5.7B FUND BACKS ICEYE

Scaleup Europe, a public-private investment fund with a $5.7 billion target, has made its first investment in Finnish satellite company ICEYE. The backing signals the fund's focus on European deep-tech startups.

1H AGO— Industry Desk

P848WALL STREET BACKS NVIDIA WITH $500B AI PUSH

Nvidia has secured a $500 billion commitment from six major Wall Street firms—including Apollo, Goldman Sachs, and BlackRock—to finance AI infrastructure development. The deal underscores Big Tech's growing dependence on private capital markets to fund the accelerating AI boom.

2H AGO— AI Desk

P850JOBY AVIATION ACQUIRES RESONANT SCIENCES FOR $500M

Joby Aviation has agreed to acquire Resonant Sciences, marking the electric aircraft manufacturer's entry into the defense sector.

2H AGO— Industry Desk

◄ BACK TO NEWS

ETORO BUYS TRADEZERO FOR UP TO $231M

■ MORE FROM THE BUSINESS DESK

■ SUBSCRIBE TO THE DAILY BRIEF