eToro Plans New York IPO Listing

user avatar

by Giorgi Kostiuk

2 years ago

Israeli company eToro, a provider of crypto and stock trading services, plans to launch an IPO in the US. The company is expected to list its shares on the New York Stock Exchange by the second quarter of 2025.

eToro's IPO Plans

According to sources, eToro has already submitted documents to the US Securities and Exchange Commission for an IPO. It is expected to be backed by several major financial institutions such as Goldman Sachs, Jefferies, and UBS. The company's target valuation is $5 billion.

History of eToro's IPO

The company's first IPO plans emerged back in March 2021 when eToro intended to go public through a deal with FinTech Acquisition Corp. V. However, this deal was not completed due to the 2022 market downturn. At that time, the SEC rejected the company's bid.

Companies Listed with eToro

If the planned IPO is successful, eToro will join a small number of crypto companies listed on the New York Stock Exchange. Among such companies are several Bitcoin miners like Marathon Digital and the major crypto exchange Coinbase.

If eToro succeeds in going public, it will be a significant event for the cryptocurrency and stock services market, allowing the company to strengthen its position on the international stage.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

AI Researchers Reduce Quantum Attack Resource Benchmark by 86 Times

chest

Researchers have reduced the computing resources needed for a potential quantum attack on Bitcoin and Ethereum by 86 times.

user avatarJesper Sørensen

Regulators Urge Faster Cybersecurity Measures in Banking Sector

chest

Regulatory bodies are urging banks to adopt quicker patching and incident response strategies to combat evolving cyber threats.

user avatarRajesh Kumar

Advanced AI Accelerates Cyberattack Risks for Banks

chest

A new paper highlights the increasing threat posed by advanced AI to banks' cybersecurity, emphasizing the need for faster software repairs.

user avatarLucas Weissmann

US Stock Market Faces Turmoil Amid Rising Bond Yields and Oil Prices

chest

The US stock market is facing significant declines due to rising bond yields and increasing oil prices, influenced by geopolitical tensions.

user avatarFilippo Romano

Zoomex Launches World Trading Championship 2026 with Record Prize Pool

chest

Zoomex announces the launch of the World Trading Championship 2026 with a record prize pool of 5,000,000 USDT, featuring an expanded multi-asset competition format.

user avatarEmily Carter

Meta Platforms' Shares Surge Following AI Assistant Launch

chest

Meta Platforms' shares rose over 6% after the launch of its AI assistant, Muse, which helps users manage tasks and goals.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.