FTCV Looks Like A Good Bet FTCV看起来不错

FinTech Acquisition Corp. (FTCV $11.57) is a SPAC company . The company intends to acquire businesses or assets through a merger, capital stock exchange, stock purchase, reorganization, or other similar business transaction. The company has an merger agreement with eToro to bring etoro public. 

eToro is an Israeli social trading and multi-asset brokerage company that focuses on providing crypto currency and stock trading and copy trading services( users can copy the tradings of other users). It has registered offices in Cyprus, Israel, the United Kingdom, the United States, and Australia. eToro has20 million users world wide. Its 2020 revenue is $600 million which is a 147% annual revenue growth and it is projecting a revenue of $1B in 2021.

Why is FTCV interesting is it is the only way to invest in eToro since eToro is going to go public through merging with FTCV. Investing in FTCV is timely now because a similar company Coinbase (COIN) will be going public on April 14. Coinbase is the largest crypto currency trading company in United States. It has 43 million users with $1.2 billion revenue in 2020.The projected capitalization for Coinbase is $90 billions and the capitalization of FTCV is only $356 millions (eToro is valued at $10B). Even though Coinbase annual revenues are double that of eToro but the value of Coinbase is 25 times that of FTCV. This makes FTCV very under value. So when Coinbase goes public next week, FTCV will likely go up in sympathy and may be in a big way.

The advantages of eToro over Coinbase platforms are:

1. eToro trades both crypto currencies and stocks while Coinbase is limited to cryptos.

2. eToro is a social media trading platform and users can talk to each other for ideas while Coinbase is not.

3. eToro offers "Copy" services which allows users to copy other users tradings while Coinbase does not provide this service. 

FTCV surged up from $10.71 to $15.70 when the merger with eToro was announced on March 17. It has now totally retraced this gain and is hovering near $11.50 support. With it sitting at support and Coinbase is going public next Wednesday, it looks like a good bet. It may find its way back up to $15.70.

FinTech Acquisition Corp.（FTCV $11.57）是一家SPAC公司。该公司打算通过合并，资本证券交易，股票购买，重组或其他类似业务交易来收购业务或资产。该公司与eToro达成了合并协议，以将eToro上市。

eToro是一家以色列社交交易和多资产证券公司，致力于提供加密货币和股票交易以及复制交易服务（用户可以复制其他用户的交易）。它在塞浦路斯，以色列，英国，美国和澳大利亚设有注册办事处。 eToro在全球拥有2000万用户。其2020年收入为6亿美元，年收入增长率为147％，并预计2021年的收入为10亿美元。

为什么对FTCV有兴趣呢，因为这是投资eToro的唯一方式，eToro将通过与FTCV合并而公开上市。现在投资FTCV是及时的，因为类似的公司Coinbase（COIN）将于4月14日上市。Coinbase是美国最大的加密货币较易所。2020年它拥有4300万用户，收入为12亿美元。Coinbase的预计资本总额为900亿美元，而FTCV的资本总额仅为3.56亿美元 (eToro 估值是100亿美元）。尽管两家公司的年收入相差只有一倍，但Coinbase的价值是却是FTCV的25倍。这使得FTCV的价值相对对非常低。因此，当下周Coinbase上市时，FTCV可能会跟随上升，并且可能会大升。

另外，eToro平台好于Coinbase平台的地方是：

1. eToro允许交易加密货币和股票，而Coinbase仅限于加密货币。

2. eToro是一个社交媒体交易平台，用户可以互相交流以获取想法，而Coinbase则不能。

3. eToro提供“复制”服务，该服务允许用户复制其他用户的交易，而Coinbase不提供此服务。

在 3月17日宣布与eToro合并后，FTCV从10.71美元飙升至15.70美元。现在，它已完全回撤了这一涨幅，并徘徊在11.50美元支撑附近。它的支撑附近及Coinbase将于下周三上市，FTCV看起来是个不错的选择。它可能会回升至15.70美元。