Bitcoin

eToro trading platform publicly files for US IPO

The commercial platform adapted to cryptocurrencies Etoro has filed a first public offer (IPO) in the United States after several previous attempts.

The company declared in an announcement of March 24 that it had submitted a declaration of registration on the F-1 form with the American commission of securities and exchange linked to the IPO of its ordinary class A shares.

Etoro applied to include its ordinary class A actions on the world Nasdaq market under the symbol of Ticker “Etor”, according to the announcement, which said:

“A registration declaration on the F-1 form concerning these titles has been filed with the SEC but has not yet become effective.”

Etoro’s IPO. Source: Etoro

The public file occurs more than two months after Andoro has completed confidential deposits to the SEC in a movement towards a potential IPO in New York, the Financial Times reported on January 16.

Submitted in January, the Etoro IPO can enhance the business to more than $ 5 billion and list the platform from the second quarter of 2025, noted the report, citing unidentified sources familiar with the problem.

Trading platforms such as Etoro are often used by beginner investors who seek to buy their first actions or cryptocurrency, thanks to their ease of use.

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