eToro Aims for $4B Valuation—Touts Crypto Pioneer Status While Wall Street Rolls Its Eyes
Social trading platform eToro is shooting for a $4 billion valuation in its latest funding round—banking hard on its self-proclaimed ’crypto pioneer’ cred while traditional finance veterans mutter about déjà vu.
The retail trading giant, known for letting users ape into Dogecoin with one click, now wants institutional money to take its crypto claims seriously. Will the suits bite, or is this just another case of ’Web2.5’ hype?
One thing’s certain: in a market where ’disruption’ often means repackaging old products with blockchain buzzwords, eToro’s playbook looks suspiciously familiar—just with more Bitcoin confetti.