eToro acquires TradeZero for up to $231M to expand US presence
The Israeli trading platform buys the US-focused brokerage as it accelerates growth in the American market.
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eToro agreed to acquire TradeZero, a US-focused online brokerage, for up to $231 million in cash and stock. TradeZero generated approximately $80 million in revenue over the 12 months ended June 30. The deal marks eToro's strategic push to expand its footprint in the US market.
- eToro is acquiring US-focused brokerage TradeZero for up to $231 million in cash and stock to accelerate American market expansion.
- TradeZero generated approximately $80 million in revenue in the 12 months through June 30, 2026.
- The deal comes as eToro reported Q2 earnings that beat profit estimates but faced a 30% decline in crypto revenue.
How it unfolded
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eToro agrees to acquire US-focused online brokerage TradeZero for up to $231 million in a combination of cash and stock.
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TradeZero reported approximately $80 million in revenue over the 12 months ended June 30, 2026.
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eToro's Q2 earnings beat profit expectations, though crypto revenue fell 30% during the period, with the TradeZero acquisition positioning the company for US growth.