eToro Acquires Wallet Provider Zengo to Enhance Crypto Self-Custody Capabilities
Source：
financefeeds.com
Odaily News eToro announced the acquisition of crypto wallet provider Zengo to enhance its platform's self-custody capabilities and drive its transition towards on-chain financial services. The specific acquisition amount has not been disclosed. Zengo builds a keyless wallet architecture based on Multi-Party Computation (MPC) technology. Through this acquisition, eToro will gain control of wallet infrastructure, enabling users to independently hold and manage digital assets, thereby expanding its original custody-centric brokerage business model. (Financefeeds)
