delta app eToro
Trading platform eToro Acquires Cryptocurrency Portfolio App Delta
November 7, 2019
delta app eToro
Trading platform eToro Acquires Cryptocurrency Portfolio App Delta
November 7, 2019

Trading platform, eToro has acquired the cryptocurrency portfolio app Delta that tracks around 6000 different cryptocurrencies and tokens over 180 exchanges.

On No. 6 a PR Newswire reported that eToro acquired Delta for an undisclosed amount although an Israeli tech publication CTech reported that the deal was worth approximately $5 million

The managing director of eToroX, Doron Rosenblum, said that they would integrate Delta with eToroX whereby users could trade directly from within the app. eToroX will also expand Delta’s supported assets beyond cryptocurrencies.

eToro created its subsidiary company eToroX back in 2018 that provides a wallet for digital assets and will eventually open an exchange.

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Acquisitions by eToro

In March 2019, eToro acquired Firmo, a smart contracts development company. The staff of Firmo would act as the internal innovation team at eToro that would work on the tokenization of its assets.

Just last month eToro launched an analytical tool in partnership with The Tie. The analytical tool tracks people’s perception of cryptocurrencies by analyzing tweets and conversations related to the topic through machine learning and natural language processing technology.

Source: PR Newswire | CTECH

Image: Shutterstock


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Jafrin Ahmed

Crypto newbie passionate about creating resourceful content on blockchain technology, cryptocurrencies and decentralized apps.