eToro has confidentially filed for a U.S. IPO, potentially valuing the company at over $5 billion. If successful, the move could solidify its global market presence despite past regulatory challenges.
One of the most well-known cryptocurrency platforms, eToro, has put in for an IPO in the US. The business wants to make a big splash when it goes public.
In January 2025, it made a secret filing with the SEC. This was a big step forward in its journey. Things could change for the exchange in the competitive trade platform market if everything goes as planned.
How much eToro is worth
The IPO for eToro could make the company worth more than $5 billion. To give you an idea, eToro was worth $3.5 billion in 2023, after getting $250 million in funding. That’s a huge change in just two years.
It’s smart to file with the U.S. Securities and Exchange Commission (SEC) in secret. It gives the business time to figure out the details without letting the public or competitors know too much. It’s like getting ready in the background and only coming out when everything is ready.
When To Do It
The IPO might happen in the second quarter of 2025, at the earliest. Even though there have been some problems recently, this schedule would give eToro plenty of time to get ready for its debut in the U.S. market. Like, in September 2024, the site stopped trading most crypto assets in the U.S. after working out some problems with the SEC. Even though the U.K. is still eToro’s biggest market, a listing in the U.S. would let in more buyers.
Top banks like UBS, Goldman Sachs, and Jefferies are helping eToro with this big move. With their help, the company seems to be in a good situation to handle the rough waters of an IPO.
eToro took a hit in September 2024 when it stopped selling most crypto assets in the U.S. This was after settling with the SEC for breaking rules. The platform is still a world force, though. Since it began in 2007, eToro has become a well-known and respected place to trade stocks, cryptocurrencies, and other things.
What Will eToro Do Next?
If the IPO goes well, it will change everything for eToro. This process isn’t just about getting money; it’s also about being known in the market.
Being listed is a big deal because of all the problems it has had with US regulations. The benefits could be huge. Investors and people who follow the industry will be very interested in how eToro plays its cards.
