eToro to acquire Gatsby.

eToro, the multi-asset social investment network, agreed to acquire Gatsby, an options trading platform tailored to a new generation of investors. Financial terms were not disclosed. "We’ve seen a seismic shift in the balance of power away from traditional finance institutions towards the retail investor. The internet has democratized financial information and a sea change has taken place, empowering more everyday investors – particularly Gen Z and Millennials – to trade and invest. These retail investors are looking for opportunities to generate returns in today’s bear market," Yoni Assia, eToro CEO and Co-Founder.