Trading platform eToro will acquire TradeZero as it looks to expand its presence in the United States. The planned deal comes alongside a weaker crypto revenue update, with eToro reporting that crypto-related revenue fell by about 30% compared with the second quarter of 2025.
The development matters because it pairs a growth move in the US market with a slowdown in crypto-linked revenue. For readers following digital-asset platforms, the combination highlights how trading companies may continue expanding even when crypto activity contributes less revenue than it did a year earlier.
TradeZero is being added as part of eToro's US expansion effort, according to the source material. The acquisition signals that eToro is seeking a broader position in a major trading market rather than relying only on existing business lines.
The reported drop in crypto-related revenue also adds context for the company’s current operating environment. A roughly 30% year-over-year decline suggests crypto trading or related activity was a smaller contributor in the latest quarter than in the same period of 2025.
EToro’s next steps will be watched for how the TradeZero acquisition fits into its US strategy and whether crypto-related revenue stabilizes in future reporting periods.