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

Fomo App Overtakes Pumpfun in 24-Hour Revenue Surge

chest

Fomo app has surpassed Pumpfun in 24-hour protocol revenue, generating $14 million in fees.

user avatarAyman Ben Youssef

New Report Released Based on Sec's Information

chest

A report has been generated based on the information released by Sec. This release aims to inform the public and increase awareness of the information provided by Sec.

user avatarTando Nkube

Bitcoin Market Dynamics Amid Iran-Israel Conflict

chest

Bitcoin's market behavior has shifted as investors seek stability during the Iran-Israel conflict.

user avatarKofi Adjeman

Iran Conflict Drives Capital into Digital Assets

chest

The ongoing conflict in Iran is leading to increased investment in digital assets as a means of wealth preservation.

user avatarNguyen Van Long

Web3 Emphasizes Editorial Integrity in New Report

chest

Web3 has published a report that emphasizes its strict editorial policy, focusing on accuracy, relevance, and impartiality.

user avatarSatoshi Nakamura

Farside Implements a Strict Editorial Policy.

chest

Farside has announced a strict editorial policy that focuses on accuracy, relevance, and impartiality.

user avatarJesper Sørensen

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.