eToro Reportedly Pursuing $5 Billion US IPO in 2025

The trading platform has confidentially filed with the SEC and may list on the NYSE as early as Q2, according to reports.

eToro, an Israel-based trading platform, has reportedly filed confidential paperwork for a US IPO targeting a $5 billion valuation.
The company, founded in 2007, allows users to trade stocks, ETFs, and cryptocurrencies such as bitcoin, ether, and bitcoin cash.
This IPO would mark a return to public market ambitions after eToro abandoned a 2021 SPAC deal that had aimed for a $10.4 billion valuation.
In 2023, eToro raised $250 million in funding at a $3.5 billion valuation, reflecting recovery in equity and crypto markets.
If successful, eToro would join Coinbase and Robinhood as one of the few publicly traded platforms offering crypto trading in the US.