eToro acquisition of Zengo Wallet: $70 million
The $70 million sale price for Zengo was fairly close to the valuation of a $20 million Series A round in 2021.
Gerald Segal
About Gerald Segal
Posts by Gerald Segal:
CLEO trading platform integrates with Gold-i MatrixNET liquidity management
CLEO, a Prague and Tallinn based trading platform built specifically for crypto and CFD prop firm traders.
cTrader integrates with copy trading infrastructure provider Pelican Network
For cTrader brokers, this means access to high-quality, active strategy content through Pelican Network.
Exclusive: RoboForex LATAM head Olga Kondratiuk departs
Olga Kondratiuk had been with the offshore CFDs broker for more than a decade, joining in 2015 in client support and sales.
NAGA sees AI gains in customer chats resolved, marketing output, reduced onboarding times
AI-supported customer service resolves approximately 66% of chat-based interactions with zero human involvement in Q1 2026.
Exclusive: Sports Prediction Markets provider OG.com sees departure of CEO Nick Lundgren
Nick Lundgren also resigned his position as Chief Legal Officer of Crypto.com, a role he filled since 2020.
CFDs broker Mitrade gets UAE CMA Category 5 license
Mitrade said that the UAE represents a significant retail trading market in the region, supported by a large expatriate population.
IG Group hires Moomoo exec Qu Zhao as Japan CEO
This marks the second senior hire in the Far East that IG Group has made from Moomoo in under a year.
eToro grows crypto capabilities with Zengo acquisition
The transaction strengthens eToro’s ability to support evolving digital asset use cases, including tokenized assets.
Cboe hires Intertrader / Equifax alum Louisa Plaice for Europe institutional marketing
Louisa Plaice spent five years with spread betting and CFD provider Intertrader, serving as Head of Marketing – EMEA.
