Crypto-Friendly Platform eToro Eyes US IPO at $5B Valuation: Report
Published:
2025-01-18 06:29:09
Social trading platform eToro has confidentially filed for an initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). This filing allows the company to gather feedback from the SEC and make necessary adjustments before officially announcing its IPO plans. According to a report by the Financial Times, eToro, an Israeli-based crypto and stock trading platform, could go public in New York as early as Q2 2025, targeting a valuation of $5 billion, up from a $3.5 billion
market cap in 2023. The report also revealed that eToro has partnered with Goldman Sachs for the IPO process.
|Square
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