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Exhibit 21.1
eToro Subsidiaries
| Name of Subsidiary | Jurisdiction of Organization |
| Buttonwood Merger Sub Corp. | U.S. (Delaware) |
| eToro Group Trading Ltd. | British Virgin Islands |
| eToro (UK) Limited | U.K. |
| eToro Ltd. | Israel |
| eToro USA LLC | U.S. (Delaware) |
| eToro (Europe) Limited | Cyprus |
| eToro Trading Ltd. | Israel |
| eToro Investments Limited | Cyprus |
| eToro Asia Limited | Cyprus |
| eToro China Ltd. (Yinniu Business Consulting (Shanghai) Co., Ltd.) | China |
| eToro Australia Pty Ltd. | Australia |
| eToro X Limited | Gibraltar |
| eToro AUS Capital Pty Ltd. | Australia |
| eToro USA Securities Inc. | U.S. (Delaware) |
| eToro SA (Pty) Ltd. | South Africa |
| eToro USA Advisers Inc. | U.S. (Delaware) |
| eToro NY LLC | U.S. (Delaware) |
| eToro Denmark ApS | Denmark |
| eToro (Cayman) Trading Ltd. | Cayman Islands |
| eToro Digital Assets Limited | Gibraltar |
| Opus Labs NV | Belgium |
| eToro (NZ) Limited | New Zealand |
| eToro Money UK Ltd. | U.K. |
| eToro Germany GmbH | Germany |
| eToro (Seychelles) Limited | Seychelles |
| eToro Malta Holding Ltd. | Malta |
| eToro Money Malta Ltd. | Malta |
| eToro Singapore Pte Ltd. | Singapore |