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eToro Targets $4 Billion Valuation in U.S. IPO, Touts Crypto Pioneer Status

eToro Targets $4 Billion Valuation in U.S. IPO, Touts Crypto Pioneer Status

Global Cryptocurrency
Release Time:
2025-05-06 19:33:02
0

eToro has initiated its U.S. IPO roadshow, offering 10 million Class A shares priced between $46-$50 apiece. The Israel-based trading platform aims for a $3.7-$4 billion valuation, positioning itself as a crypto industry leader.

CEO Yoni Assia emphasized eToro’s early crypto adoption, with digital assets now generating 37% of trading commission revenue. The company reported $12.15 billion in crypto trading revenue for 2024, contributing to $192.4 million net income.

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