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.
The $70 million sale price for Zengo was fairly close to the valuation of a $20 million Series A round in 2021.
The transaction strengthens eToro’s ability to support evolving digital asset use cases, including tokenized assets.
Jelena Dubackic has also previously worked at institutional broker Blackwell Global, and at CRM systems provider TradeCore.
For the past year Elena Yiangou was Head of Marketing at payment solutions startup Finera.
At under $30, eToro shares remain well below their May 2025 IPO price of $52.
At $29.40, eToro shares are now down 43% from the IPO price, as the company’s valuation has dropped below $2.5 billion.
Prior to joining eToro James was Head of Marketing at children-focused banking and savings startup Rooster Money.
eToro is likely to report its Q4 and full year 2025 results in the coming weeks.
The agreement with Djurgårdens IF will include LED visibility, and exclusive hospitality experiences for eToro’s top‑tier clients.
According to eToro’s IPO prospectus, Hedva Ber held about 125,000 eToro shares at the time of the IPO.