Express
Crypto Trading Platform EToro Postpones The Listing Date To Q4
Summary: The crypto trading platform eToro told CoinDesk that it will postpone the date of listing through SPAC from the third quarter to the fourth quarter. An eToro spokesperson explained that they are in the final stage of SEC comments. Once the trade gets the final approval, FTCV shareholders will vote on it, which will take ...
The crypto trading platform eToro told CoinDesk that it will postpone the date of listing through SPAC from the third quarter to the fourth quarter.
An eToro spokesperson explained that they are in the final stage of SEC comments. Once the trade gets the final approval, FTCV shareholders will vote on it, which will take 20 days and then several days to complete the transaction, so it is no longer possible to go public in the third quarter.
As reported earlier, eToro announced in March that it would be listed through a merger with Betsy Cohen's FinTech Acquisition Corp. V. The transaction valued the combined entity at approximately $10.4 billion.
By Mary Liu
Tags: etoro,List
Link: Crypto Trading Platform EToro Postpones The Listing Date To Q4 [Copy]
