eToro, the stock and crypto trading app is all set to go public by merging with SPAC FinTech Acquisition Corp V. The trading platform is a Robinhood rival, and rumors about its public debut was rife in the recent past. The SPAC merger deal would include a $650 million common share private placement from leading investors including Softbank’s Vision Fund 2, Fidelity Management & Research Co LLC, and Wellington Management.
Breaking: eToro Set For Public Listing With a $10.4 Billion SPAC Merger
coingape.com
16 March 2021 14:54, UTC