The stock and cryptocurrency investment platform eToro completed a $250 million financing round at a valuation of $3.5 billion, with participation from SoftBank and others

ChainCatcher news, according to TechCrunch, after canceling its plan to go public via SPAC at a valuation of $10.4 billion in 2022, the stock and crypto investment platform eToro completed a $250 million funding round at a valuation of $3.5 billion, with participation from ION Group, Social Leverage, SoftBank, and Spark Capital.

Previously, ChainCatcher reported in May last year that eToro achieved significant success in 2021 due to its "bet" on the cryptocurrency business and announced its entry into the NFT space, launching a $20 million fund to purchase blue-chip NFTs and support emerging projects in the field. (Source link)