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Trading Platform eToro Raises $250M After Terminating SPAC Deal

Trading platform eToro has secured $250 million in funding at a $3.5 billion valuation, the company announced on March 21. The Israel-based firm raised capital for the first time since 2018 after failing to go public last year through a special purpose acquisition company (SPAC) merger. 

Participants in the round include ION Group, SoftBank Vision Fund 2, Velvet Sea Ventures, and some existing investors.

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