eToro $ETOR to acquire TradeZero for up to $231M in cash and stock, expanding its U.S. brokerage business. TradeZero Acquisition Intensifies SelloffConcurrent with its quarterly report, eToro disclosed plans to purchase TradeZero, a U.S.-oriented brokerage platform catering to high-frequency traders. TradeZero recorded approximately $80 million in revenue during the trailing twelve months and will provide eToro entry into the Canadian marketplace. The TradeZero purchase represents eToro’s third signed acquisition during 2026, prompting shareholder scrutiny regarding the company’s capital allocation velocity. Management indicated the TradeZero transaction should contribute positively to adjusted earnings per share during the initial year following deal completion.