Summary
- eToro has announced that it has applied for an IPO on the U.S. stock market.
- It aims for a company valuation of $5 billion and hinted at the possibility of entering in the second quarter of this year.
- eToro reported that it supports stock and virtual asset trading for 3 million accounts worldwide.
Social trading platform eToro has applied for an initial public offering (IPO) on the U.S. stock market.
According to a report by the Financial Times (FT) on the 16th (local time), eToro has submitted documents to U.S. regulatory authorities for a new stock offering aiming for a company valuation of $5 billion. It is expected to enter the New York Stock Exchange as early as the second quarter of this year.
eToro was founded in 2007 and supports stock and virtual asset trading for 3 million accounts worldwide.
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
![[Key Economic and Crypto Calendar for the Week Ahead] US Weekly Initial Jobless Claims, etc.](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
![[Market] Bitcoin briefly gives back $69,000… Fallout from Trump’s ‘Strait of Hormuz warning’](https://media.bloomingbit.io/PROD/news/78293fc1-a315-4ebb-81cf-f2cb32921d57.webp?w=250)