Reported about 20 hours ago
eToro, a crypto-friendly trading platform, has filed confidentially for an initial public offering (IPO) in the US, aiming for a New York listing by Q2 2025 that could value the company over $5B. This move comes as eToro looks to tap into a larger investor base, despite recent challenges in the cryptocurrency market. Founded in 2007, eToro has shifted focus and is now working with major banks to navigate the IPO process, marking a significant step in its evolution within the financial technology sector.
Source: YAHOO