Toro acquires self-custodial wallet Zengo for $70M in April 2026, integrating "keyless" MPC technology to bring DeFi and on-chain trading.
Zengo focuses on multi-party computation (MPC) cryptography and provides a self-custodial crypto wallet.
The acquisition ties in the retail trading platform with advanced wallet technology meant to help protect users' assets.
Toro is set to acquire self-custodial wallet provider Zengo as the trading platform’s CEO predicted that Bitcoin will resume its rally to $250,000 after another quarter of the market slump.
eToro, a global multi-asset trading platform with over 10 million registered users, announced the launch of its platform and cryptoasset wallet in the United States. With the launch, U.S. customers ...
The deal signals eToro's strategic push into self-custody solutions amid growing demand for non-custodial crypto ...