Express

Crypto Trading Platform EToro Postpones The Listing Date To Q4

Mary Liu

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

Last Update:

Tags: ,
Link: Crypto Trading Platform EToro Postpones The Listing Date To Q4   [Copy]
  • The Future of Blockchain: How Modularity is Revolutionizing the Industry 10 hours ago
  • Parallelized EVMs: The Solana Killer? 4 days ago
  • Bitcoin: The Ultimate Memecoin? 9 days ago
  • Memecoin Mania: Is it Here to Stay or Should You Avoid? 10 days ago
  • LayerZero vs Wormhole vs Axelar vs Chainlink: What’s the Best Interoperability Protocol? 12 days ago
  • You need to login to comment.