A social trading and multi-asset brokerage company eToro has acquired a crypto portfolio application called Delta, TechCrunch reports.
The amount of the deal is still unknown, though one source told TechCrunch the deal was worth approximately $5 million.
The Delta app allows investors to make decisions on their cryptocurrency investments by providing tools such as portfolio tracking and pricing data.
Yoni Assia, Co-founder and CEO of eToro claims the company believes the acquisition of Delta will allow eToro to add an important new element to its offering.
Earlier iHodl reported that eToro launched a new crypto trading strategy based on Twitter sentiments.
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