eToro ទាញផែនការសម្រាប់ Nasdaq ដោយលើកឡើងពីកាលៈទេសៈ 'លើសពីការគ្រប់គ្រងរបស់យើង'

eToro and FinTech Acquisition Corp V have mutually agreed to terminate a merger agreement first announced in March, putting to an end to eToro’s public listing plans

There will be no termination fee because the agreement failed to go through. The merger was first announced in March 2021, and the deadline for the transaction to be completed was June 30.

សហស្ថាបនិក និងជានាយកប្រតិបត្តិនៃ eToro Yoni Assia said of the development:

“While this may not be the outcome that we hoped for when we started this process, eToro’s underlying business remains healthy, our balance sheet is strong and will continue to balance future growth with profitability. We ended Q2 2022 with approximately 2.7 million funded accounts, an increase of over 12% versus the end of 2021, demonstrating continued customer acquisition and retention rates that have been improving over time.”

Fintech Acquisition Corp V is a special purpose acquisition company, tackling mergers, capital stock exchange, asset acquisition, and stock purchase in the fintech industry. These kinds of companies are also known as blank check companies.

Both companies will be disappointed with the end result, but the crypto market has experienced far worse incidents in recent times. eToro appears to be facing the effects of the recent market crash as it has បានដាក់បិទ 100 employees, about 6% of its workforce.

Mergers and acquisitions aplenty in the crypto market

The number of mergers and acquisitions in the crypto market has been steadily growing over the past few years. This is a natural development of a growing market, which has seen multiple companies expand exponentially in terms of valuation.

One of the most prominent acquisitions, though not exactly in the traditional crypto market, was Silvergate ទទួលបាន Meta’s Diem stablecoin. Coinbase has also ទិញ គ្រីបគ្រីប សន្ដិសុខ firm Unbound to bolster its security.

As for entities from the traditional finance space, the Deutsche Börse Group has ទិញ a majority stake in Crypto Finance AG. Developments like these showcase the rapidly increasing interest in the crypto space, despite the ups and downs the market faces.

ការមិនទទួលខុសត្រូវ

រាល់ព័ត៌មានទាំងអស់ដែលមាននៅលើគេហទំព័ររបស់យើងត្រូវបានផ្សព្វផ្សាយដោយស្មោះត្រង់និងសម្រាប់គោលបំណងព័ត៌មានទូទៅតែប៉ុណ្ណោះ។ សកម្មភាពណាមួយដែលអ្នកអានអនុវត្តលើព័ត៌មានដែលរកឃើញនៅលើគេហទំព័ររបស់យើងគឺប្រឈមនឹងហានិភ័យរបស់ពួកគេ។

Source: https://beincrypto.com/etoro-pulls-plans-for-nasdaq-citing-circumstances-beyond-our-control/