Tagged: zengo

eToro to Acquire Zengo to Enhance Self-Custody Crypto Capabilities

Investment platform eToro (NASDAQ:ETOR) has reached an agreement to purchase Zengo, a specialist in user-managed cryptocurrency storage solutions. The transaction is estimated to be valued at around $70 million. This strategic acquisition reflects eToro’s ongoing efforts to deepen its involvement in DLT or blockchain-based services… Read More

Tether Invests in Digital Wallet Zengo, Aims to Boost USDT Adoption

Stablecoin issuer Tether has announced an investment in Zengo, a self custodial digital wallet. The goal is to boost  stablecoin utilization including USDT. Terms of the investment were not disclosed. Launched in 2019, the company reports over 1.5 million wallets worldwide. The investment is expected… Read More

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