Multi-asset trading platform eToro acquires portfolio management company Bullsheet

ChainCatcher news, according to The Block, eToro announced today the acquisition of portfolio management company Bullsheet. The specific terms of the acquisition were not disclosed, but according to a source familiar with the matter, the deal is worth several million euros.

ChainCatcher previously reported that eToro announced a 6% global layoff in July this year, with its CEO and co-founder Yoni Assia stating that the layoffs would help the company take a more balanced approach between growth and profitability. (The Block)