Crypto-friendly trading platform eToro has filed for a US IPO, reportedly targeting a $5 billion valuation with plans to expand by listing in New York soon.
Cryptocurrency-friendly trading platform eToro has reportedly filed for an initial public offering (IPO) in the United States.
EToro has made confidential filings to the US Securities and Exchange Commission (SEC) in a move toward a potential IPO in New York, the Financial Times reported on Jan. 16.
Submitted in January, eToro’s IPO filing could value the business at more than $5 billion, the report noted, citing unidentified sources familiar with the matter.
