Cryptocurrency

eToro Acquires Options Trading Platform Gatsby in $50 Million Deal as Part of US Expansion Plan

eToro Acquires Options Trading Platform Gatsby in $50 Million Deal as Part of US Expansion Plan

eToro, the Israeli online brokering platform, has acquired options trading platform Gatsby in a bid to expand its presence and services in the US. The deal was finalised for $50 million (roughly Rs. 400 crore) in cash and common stock. As part of the deal, the Gatsby team will be subsumed within the eToro brand in the coming days.

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