eToro Files for IPO in the United States

eToro, a trading platform known for its cryptocurrency-friendly approach, has officially filed for an initial public offering (IPO) in the United States after previous unsuccessful attempts. The company announced on March 24 that it has submitted a registration statement on Form F-1 with the US Securities and Exchange Commission for the IPO of its Class A common shares. eToro is seeking to list its Class A common shares on the Nasdaq Global Select Market under the ticker symbol “ETOR,” as stated in the announcement. The public filing follows confidential filings made to the SEC in January, with eToro's IPO potentially valuing the business at over $5 billion and listing the platform as early as the second quarter of 2025. Trading platforms like eToro are popular among novice investors seeking to purchase their first stock share or cryptocurrency due to their user-friendly interfaces.

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