PANews reported on April 15th that, according to CoinDesk , multi-asset trading platform eToro has agreed to acquire crypto wallet provider Zengo for approximately $ 70 million, aiming to integrate its self-custodial tool into its multi-asset investment platform. Zenggo is a non-custodial wallet that uses multi-party computation ( MPC ) technology and eliminates mnemonic phrases, allowing users to directly control their private keys to reduce the risk of key loss or theft. eToro claims this move will support new use cases such as tokenized assets, decentralized trading, prediction markets, and perpetual contracts. Founded in 2018 , Zenggo currently has over 2 million users. Its wallet will operate independently of eToro's regulated business, and users will interact directly with third-party protocols. The transaction is still subject to relevant settlement conditions.