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eToro Acquires TradeZero as Crypto Revenue Drops 30%

eToro Acquires TradeZero as Crypto Revenue Drops 30%

A bigger US footprint

TradeZero gives eToro a direct line into US retail traders. eToro has been building out its stateside business for years, and folding in an established US platform shortens that road considerably. The companies didn't disclose terms, and eToro hasn't said when the deal is expected to close.

Crypto revenue keeps sliding

The revenue number lands in a quarter when crypto trading was anything but steady. eToro said crypto-related revenue dropped about 30% year over year. That's a steep decline, and it puts more pressure on the company to find growth elsewhere — which is exactly what the TradeZero deal is about.

Why the timing matters

Buying a US platform doesn't fix a crypto revenue problem by itself. But it does give eToro a bigger base of customers to sell a wider range of products to, and it shifts the mix away from crypto at a moment when that business is shrinking. The two moves — the acquisition and the revenue slide — are probably not a coincidence.

EToro hasn't said what it's paying or when the deal will close. The revenue drop, though, makes the logic of the US push hard to miss.

That's about 250 words. I need 450-700. Let me expand a bit more with substance while staying grounded. Let me add a bit more detail in each section. I can talk about what TradeZero is known for — but I need to be careful. TradeZero is a real US broker known for zero-commission trading and short selling tools. But the facts don't say that. I'll keep it general: "a US retail trading platform." I can add a sentence about the broader context: eToro's crypto revenue decline reflects a wider pullback in retail crypto trading. But that's an inference — I should be careful. I can phrase it as observation: "The drop tracks a broader cooling in retail crypto activity this year." Hmm, that's an invented claim. Better to keep it to what I know. Let me expand the sections with more texture about the deal's significance without inventing facts. Actually, let me reconsider — the word count target is 450-700. I'll write a bit more. Let me add a section about what the deal means for eToro's strategy, and maybe a section on the regulatory angle — but I can't invent regulatory details. I'll keep it to three sections plus a short closer. Let me write a fuller version: Lead (2-3 sentences): eToro is buying TradeZero, a US retail trading platform, in a deal aimed at deepening its American footprint. The acquisition lands as eToro reported crypto-related revenue fell about 30% in the second quarter compared with a year earlier. Section 1: "A bigger US footprint" eToro has spent years trying to grow in the US, and TradeZero hands it an established base of American retail traders. The deal folds a US trading operation into eToro's network, giving the company a more direct route into a market it has circled for a long time. Neither side disclosed financial terms, and eToro hasn't said when it expects the deal to close. Section 2: "Crypto revenue keeps sliding" The revenue figure lands in a quarter when crypto trading was choppy. eToro said crypto-related revenue dropped about 30% versus the second quarter of 2025. That's a sharp fall, and it puts more weight on the company's push into other asset classes and new markets. The decline also helps explain why eToro is leaning harder into the US — a market where it can sell a broader mix of products, not just crypto. Section 3: "Why the timing matters" Buying a US platform doesn't reverse a crypto revenue slide by itself. But it does give eToro a bigger customer base to sell a wider range of products to, and it shifts the revenue mix away from crypto at a moment when that business is shrinking. The two developments — the acquisition and the revenue drop — are probably not unrelated. Closer: eToro hasn't said what it's paying or when the deal will close. The revenue drop, though, makes the logic of the US push hard to miss. That's around 280 words. I need to get to 450+. Let me add more substance. I can expand the lead and add a bit more in each section. Let me also add a section about what TradeZero brings — but I can't invent specifics. I'll describe it as a US retail trading platform and note that it gives eToro a stateside operation. Let me write a longer version, maybe 480-550 words. Actually, let me reconsider the structure. I could do: Lead H2: "A bigger US footprint" H2: "Crypto revenue keeps sliding" H2: "What the deal changes" And expand each paragraph. Let me write it out fully: Lead: eToro is buying TradeZero, a US retail trading platform, in a deal meant to widen its American footprint. The acquisition lands as eToro reported crypto-related revenue fell about 30% in the second quarter compared with the same period a year earlier. H2: A bigger US footprint eToro has spent years trying to grow in the US, and TradeZero hands it an established base of American retail traders. The deal folds a US trading operation into eToro's network, giving the company a more direct route into a market it has circled for a long time. Neither side disclosed financial terms, and eToro hasn't said when it expects the deal to close. The acquisition is the latest step in eToro's push to build out its stateside business. TradeZero operates as a US retail platform, and bringing it in-house gives eToro a ready-made customer base rather than having to win those traders one by one. For a company that has talked about US growth for years, that's a meaningful shortcut. H2: Crypto revenue keeps sliding The revenue figure lands in a quarter when crypto trading was choppy. eToro said crypto-related revenue dropped about 30% versus the second quarter of 2025. That's a steep fall, and it puts more weight on the company's push into other asset classes and new markets. The decline also helps explain why eToro is leaning harder into the US. A bigger US operation means a broader mix of products to sell — equities, options, and the rest of the platform — rather than depending on crypto trading volumes, which have been uneven. The revenue slide isn't the whole story behind the TradeZero deal, but it's hard to ignore. H2: What the deal changes Buying a US platform doesn't reverse a crypto revenue slide by itself. But it does give eToro a bigger customer base to sell a wider range of products to, and it shifts the revenue mix away from crypto at a moment when that business is shrinking. The two developments — the acquisition and the revenue drop — are probably not unrelated. For US traders, the deal means eToro's platform gets a deeper local presence. For eToro, it's a bet that American retail demand will keep growing even as crypto revenue cools. Whether that bet pays off depends on how quickly the two platforms can be integrated — and on whether the crypto slump is a blip or something longer. Closer: eToro hasn't said what it's paying or when the deal will close. The revenue drop, though, makes the logic of the US push hard to miss. That's around 420 words. Let me count more carefully and expand a bit to hit 450-500. Let me count the paragraphs: Lead: ~50 words Section 1: ~90 words Section 2: ~90 words Section 3: ~90 words Closer: ~25 words Total ~345. I need more. Let me expand each section a bit. Let me add a bit more to the lead and sections. I'll aim for ~500 words. Actually, let me just write it naturally and count. I'll expand the sections with a bit more texture. Let me also double-check the rules: no fabricated quotes, no invented entities, no stale numbers (I'm not adding any numbers beyond the 30% which is in the facts), no rhetorical questions, no AI tells. The H2s: "A bigger US footprint", "Crypto revenue keeps sliding", "What the deal changes" — these are noun phrases tied to the story. Good. Ending: "eToro hasn't said what it's paying or when the deal will close. The revenue drop, though, makes the logic of the US push hard to miss." — that's a real ending, not a summary. Let me finalize the word count. I'll write it out and count. Final content:

EToro is buying TradeZero, a US retail trading platform, in a deal meant to widen its American footprint. The acquisition lands as eToro reported crypto-related revenue fell about 30% in the second quarter compared with the same period a year earlier.

A bigger US footprint

EToro has spent years trying to grow in the US, and TradeZero hands it an established base of American retail traders. The deal folds a US trading operation into eToro's network, giving the company a more direct route into a market it has circled for a long time. Neither side disclosed financial terms, and eToro hasn't said when it expects the deal to close.

The acquisition is the latest step in eToro's push to build out its stateside business. TradeZero operates as a US retail platform, and bringing it in-house gives eToro a ready-made customer base rather than having to win those traders one by one. For a company that has talked about US growth for years, that's a meaningful shortcut.

Crypto revenue keeps sliding

The revenue figure lands in a quarter when crypto trading was choppy. eToro said crypto-related revenue dropped about 30% versus the second quarter of 2025. That's a steep fall, and it puts more weight on the company's push into other asset classes and new markets.

The decline also helps explain why eToro is leaning harder into the US. A bigger US operation means a broader mix of products to sell — equities, options, and the rest of the platform — rather than depending on crypto trading volumes, which have been uneven. The revenue slide isn't the whole story behind the TradeZero deal, but it's hard to ignore.

What the deal changes

Buying a US platform doesn't reverse a crypto revenue slide by itself. But it does give eToro a bigger customer base to sell a wider range of products to, and it shifts the revenue mix away from crypto at a moment when that business is shrinking. The two developments — the acquisition and the revenue drop — are probably not unrelated.

For US traders, the deal means eToro's platform gets a deeper local presence. For eToro, it's a bet that American retail demand will keep growing even as crypto revenue cools. Whether that bet pays off depends on how quickly the two platforms can be integrated — and on whether the crypto slump is a blip or something longer.

EToro hasn't said what it's paying or when the deal will close. The revenue drop, though, makes the logic of the US push hard to miss.

Let me count words: Para 1: "eToro is buying TradeZero, a US retail trading platform, in a deal meant to widen its American footprint. The acquisition lands as eToro reported crypto-related revenue fell about 30% in the second quarter compared with the same period a year earlier." — 40 words Para 2: "eToro has spent years trying to grow in the US, and TradeZero hands it an established base of American retail traders. The deal folds a US trading operation into eToro's network, giving the company a more direct route into a market it has circled for a long time. Neither side disclosed financial terms, and eToro hasn't said when it expects the deal to close." — 66 words Para 3: "The acquisition is the latest step in eToro's push to build out its stateside business. TradeZero operates as a US retail platform, and bringing it in-house gives eToro a ready-made customer base rather than having to win those traders one by one. For a company that has talked about US growth for years, that's a meaningful shortcut." — 55 words Para 4: "The revenue figure lands in a quarter when crypto trading was choppy. eToro said crypto-related revenue dropped about 30% versus the second quarter of 2025. That's a steep fall, and it puts more weight on the company's push into other asset classes and new markets." — 48 words Para 5: "The decline also helps explain why eToro is leaning harder into the US. A bigger US operation means a broader mix of products to sell — equities, options, and the rest of the