eToro announces IPO through a $10.4 billion merger

In a press release issued on Tuesday, eToro, the world’s leading social investment network, have announced to become publicly traded through a $10.4 billion merger with FinTech Acquisition Corp. In what is called a special purpose acquisition (SPAC), proceeds from an initial public offering (IPO) will take eToro to the public space.
Source: Igaming