Tel Aviv-based eToro agrees to acquire crypto wallet provider Zengo, a source says for ~$70M, mostly in cash; Zengo lets traders swap between tokens and fiat (Emily Nicolle/Bloomberg)

Emily Nicolle / Bloomberg: Tel Aviv-based eToro agrees to acquire crypto wallet provider Zengo, a source says for ~$70M, mostly in cash; Zengo lets traders swap between tokens and fiat — EToro Group Ltd. has agreed to acquire Zengo, a crypto wallet provider, as the trading and investment platform expands its reach into decentralized finance.