Financial investment service documentary transaction social brokerage company: eToro eToro Group Ltd

EToro Group Ltd. was founded in 2006, Headquartered in Israel Tel Aviv, which has registered offices in Cyprus, Israel, the United Kingdom, the United States and Australia, is a social trading brokerage company providing financial investment services and documentary trading services. It provides more than 1000 types of financial asset transactions. Its branches are controlled by the European Cyprus Securities and Exchange Commission and the British Financial Conduct Authority.

The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftcv.html

EToro US Equities Encyclopedia

EToro is a social trading brokerage company with financial investment services and documentary trading services established in 2007, providing more than 1000 types of financial asset transactions. EToro's main offices are located in Limassol, Cyprus, London, UK and Tel Aviv, Israel, as well as regional offices in Hong Kong, Shanghai, Sydney, Australia and Hoboken, New Jersey, USA. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftcv.html

EToro Europe Branch is registered in Europe Cyprus and regulated by the European Cyprus Securities and Exchange Commission; The UK branch is regulated by the UK Financial Conduct Authority; The Australian branch is regulated by ASIC. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftcv.html

The flexibility of trading on eToro platform and the possibility of extensive communication with other trading participants. This platform is very easy and convenient to use. It not only provides investment options or regular transactions, but also provides a comprehensive automatic documentary transaction function. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftcv.html

EToro sponsors seven Premier League football teams: Tottenham Hotspur, Newcastle, Southampton, Leicester City, Crystal Palace, Brighton Hof Albion and Cardiff City. In the 2019-20 Premier League season, two new sponsors: Aston Villa Football Club and Everton Football Club, and the partnership with Southampton, Tottenham Hotspur, Crystal Palace and Leicester City continues to be maintained. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftcv.html

In 2018, Kristain Nairn, the star of Game of Thrones, announced that he would participate in eToro's advertising campaign. It was launched in October 2018 YouTube With "HODL" Internet meme. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftcv.html

The South China Morning Post reported in February 2019 that the brand is planning to expand in Southeast Asia and even Hong Kong. The newspaper quoted Yoni Assia, CEO of the company, as saying, "Due to the continuous growth of cryptocurrency trading service markets in Vietnam, Malaysia, the Philippines and Thailand, Asia is expected to account for 30% of the company's total revenue this year, higher than 15% in 2018". However, due to the regulation of the Hong Kong government on CFD assets, eToro is unable to provide CFD to users in Hong Kong. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftcv.html

On March 25, 2019, eToro signed a six-month sponsorship agreement with the Ultimate Fighting Championship (UFC) to promote the brand in the Australian and New Zealand markets. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftcv.html

In 2019, eToro appointed Alec Baldwin as its U.S. brand ambassador to promote replication funds and cryptocurrency products. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftcv.html

In March 2019, eToro launched a cryptocurrency exchange and an independent cryptocurrency wallet to American users. It currently provides 14 cryptocurrencies to 32 states. According to Techcrunch, the root of the release strategy is "the company's belief in the huge market opportunities brought by token assets." The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ftcv.html

As of March 2021, eToro has 20 million registered users in dozens of countries/regions around the world.

EToro went public

On March 15, 2021, Bloomberg reported that the trading platform eToro—— Robinhood A competitor of Markets Inc. plans to cooperate with a Blank check company To go public.

People familiar with the matter said that Special purpose acquisition company The transaction of FinTech Acquisition Corp. V will make the value of the merged company about $10 billion. They said that the two companies are raising about $650 million in equity to support the deal, which may be announced on Tuesday (March 16).

On March 16, 2021, eToro and FinTech Acquisition Corp. V (NASDAQ: FTCV), a special purpose acquisition company, announced the final merger transaction, with an estimated value of about US $10.4 billion.

On December 30, 2021, FinTech Acquisition Corp V (FTCV), a blank check company supported by Betsy Cohen, said on Thursday, December 30 that it had modified the terms of merger with Israel eToro, reducing the valuation of this online stockbroker from $10.4 billion to $8.8 billion.

On July 5, 2022, FinTech V (Nasdaq stock code: FTCV) announced that it had mutually terminated its merger agreement with eToro, a social investment network.

EToro financing encyclopedia

• On June 8, 2010, in the C round of financing, eToro received a $2.4 million investment led by Social Leverage and co invested by BRM Capital, Hinge Capital and Cubit Investments.
• On January 26, 2011, eToro obtained Spark Capital Exclusive private equity investment of $8.3 million.
• On March 12, 2012, eToro obtained Spark Capital Led by Anthemis Group, BRM Capital, Cubit Investments and Jonathan Kolber, who invested $15 million in private equity.
• On December 6, 2013, eToro received exclusive non equity assistance from Future Fifth.
• On November 26, 2014, in the D-round financing, eToro received $27 million jointly invested by Ping An, FortRoss Ventures and SBT Venture Capital.
• On April 21, 2015, in the D+round of financing, eToro received 12 million dollars of exclusive investment from CommerzVentures.
• On March 21, 2018, in the E-round financing, eToro was led by China Minsheng Financial Holdings, Digital Currency Group , Korea Investment Partners, SBI Group, Kingsley Advani (individuals), etc.
• On April 26, 2018, in the E+round of financing, eToro obtained an exclusive investment of US $50 million from China Minsheng Financial Holdings.
• On May 1, 2019, eToro obtained the exclusive private equity investment of BracketCapital.
• On December 8, 2020, eToro raised $50 million through the secondary market.

EToro History Encyclopedia

• EToro's predecessor is RetailFX, co founded by Yoni Assia, Ronen Assia brothers and David Ring in Tel Aviv, Israel in 2007.
• In 2010, eToro released the eToro OpenBook social investment platform and its "copy trading" function. EToro trading platform allows investors to automatically view, track and copy the top traders of the platform. Later that year, eToro released its first Android application so that investors could buy and sell stocks through mobile devices.
• From 2007 to 2013, eToro raised US $31.5 million in four rounds of financing.
• In December 2014, eToro raised US $27 million mainly from Russian and Chinese investors.
• April 4, 2016, nationwide radio broadcast The company's business channel has listed eToro among the "10 hottest spots worth watching financial technology Startups.
• In December 2017, eToro and CoinDash became partners to jointly develop Blockchain Social transactions.
• On March 21, 2018, China Minsheng Finance, Sibaiyi, Korea Investment Partners and International Investment Corporation jointly invested a total of $100 million in Etoro.
• It is reported that eToro had more than 3 million accounts by the end of 2013. In 2013, eToro introduced the function of investing in stock spread contracts and issued 110 stock products for the first time. In the same year, eToro UK, a subsidiary of eToro in the UK, was authorized by the FCA regulator to provide services in the UK. In January 2014, eToro will Bitcoin Add nine cryptocurrencies to its investment products before 2017. In April 2014, eToro included 130 German and British stocks in Germany's DAX30 and FTSE 100 indexes into its stock selection range. In 2017, eToro launched the CopyPortfolio function, allowing investors to copy the entire fund from the best performing traders. This function partially utilizes machine learning. In the same year, Dennis Austinat, eToro's regional director in Germany, said, "Our goal is to become a Facebook for transactions（ Facebook ）”。 At the end of 2017, eToro announced that it had opened 8 million accounts. EToro launched the cryptocurrency wallet for Android and iOS in 2018. In the same year, eToro created eToroX, a blockchain subsidiary, with Doron Rosenblum (English: Doron Rosenblum) as the managing director.
• On May 22, 2018, eToro entered the US financial market by providing 10 cryptocurrencies: Bitcoin, Ether, Lite, XRP, DASH, Bitcoin Cash, Stellar, Ether Classic, NEO and EOS. Yoni Assia, CEO, said that it was young people who promoted the rise of eToro. He told CNBC: "Gen X and Gen Y have more and more control over their money. They make more decisions for themselves and are interested in more things on the network and social platforms.
• According to the report of Business Insider Network in March 2019, eToro has more than 10 million users.
• In 2018, eToro established Gooddollar, a research center to explore how blockchain technology can alleviate global wealth inequality through a universal basic income (UBI). CEO Yoni Assia announced this project at the Internet Summit in Lisbon, and the company provided $1 million in funding.
• In December 2018, eToroX, eToro's cryptocurrency subsidiary financial service The Gibraltar Financial Services Commission is licensed as a distributed ledger technology (DLT) provider to store or transmit value belonging to others (DLT activities). The Financial Giant reported that "eToroX's task is to define and implement eToro's vision around blockchain, including the upcoming cryptocurrency exchange and the development of crypto assets.
• On March 25, 2019, eToro acquired Firmo at an undisclosed price; On November 14 of the same year, etoro purchased the application Delta at an undisclosed price.
• In April 2019, eToro added eight stable currencies to its cryptocurrency exchange service eToroX.
• In June 2019, Yoni Assia commented to Verdict on Facebook's launch of Libra cryptocurrency, pointing out that the adoption of cryptocurrency is "about global and local politics and the separation of state and capital." In an interview with DailyExpress, he confirmed eToro's plan to list Libra on eToroX and eToro's trading and investment platform.
• In September 2019, eToro launched Lira, a new open source programming language for financial contracts.
• In October 2019, eToro released an emotion based cryptocurrency portfolio using AI technology to evaluate Twitter Current positive or negative impression of digital assets.
• In November 2019, eToro has appointed its first Chief Investment Officer (CIO) – Gil Shapira.
• In February 2021, eToro announced that it was planning to carry out a $5 billion IPO In order to get listed on Wall Street as soon as possible, it is not even ruled out listing by merging "Special Purpose Acquisition Company" (SPAC).
• On March 15, 2021, eToro claimed that it was close to concluding the final merger transaction with FinTech Acquisition Corp. V (NASDAQ: FTCV), a special purpose acquisition company, with an estimated value of about $10 billion.
• On August 17, 2022, eToro, a social investment network headquartered in Tel Aviv, agreed to acquire Gatsby, an option trading platform, to further diversify its multi asset products to American retail investors.

EToro US equity investment

Company official website

Waiting for eToro IPO/ SPAC merger Listing.