The trend of companies offering crypto services planning to go public has another representative – the multi-asset brokerage company eToro. The move will become possible after a merger with a Special Purpose Acquisition Company (SPAC) called FinTech Acquisition Corp. V.
“Becoming a publicly-traded company will support our continued expansion as a business. It will allow us to increase our market share, expand into new markets, and continue to grow our innovative product offering to meet the evolving needs of our customers.” – he added.