Binance News: eToro Launches IPO Process on Nasdaq Aiming to Strengthen Global Presence

In a significant move that underscores its ambitions to broaden its global footprint, eToro, the pioneering social trading platform, has initiated the process of going public in the United States. Despite a previous failed attempt via a SPAC merger, eToro remains undeterred and is now set to list on the Nasdaq, aiming to compete head-on with established American online brokerages.

eToro Launches IPO Process in the United States After SPAC Failure

eToro, the social trading platform symbolizing the democratization of investment, has officially launched its IPO process in the United States, aiming to consolidate its global presence and compete with American online brokerage giants. On March 25, eToro submitted a request to the SEC to be listed on the Nasdaq under the symbol ’ETOR’, driven by spectacular financial results in 2024, including a revenue of $931 million and a net profit of $192 million, significantly up from the previous year.

$PLUME’s “Bullish Peanut” Pattern Signals Upside Potential

PLUME, a Layer-1 blockchain aiming to bridge Real World Asset Finance (RWAfi) with DeFi, has formed a distinct “Bullish Peanut” pattern in its 4-hour chart. The pattern, characterized by a tight zone followed by a sharp upward move, indicates strong buying pressure and potential upside. Traders are targeting prices of $0.33421 and $0.38137 post-breakout. Rumors of a Binance Futures listing with 25x leverage and a potential Crypto.com listing are fueling PLUME’s momentum, increasing liquidity and visibility for the token.