The purchase, eToro's third acquisition signed this year, is not expected to close until the first half of 2027 and needs regulatory approvals for a broker-dealer whose chief executive settled SEC charges in 2022.

eToro has become a strategic investor in Extended, an onchain perpetual futures exchange, and said the round begins a partnership with Zengo, the self-custody wallet eToro acquired earlier this year. Neither company disclosed the investment size.