eToro Confidentially Files for US IPO with $5 Billion Valuation Target
- eToro has filed confidentially for a US IPO, aiming for a $5 billion valuation.
- The IPO is supported by Goldman Sachs, Jefferies, and UBS.
- A potential listing is planned for the second quarter of 2025.
- eToro previously attempted a SPAC merger valued at $10.4 billion in 2021, which failed due to market conditions.
- The company has over 30 million users across 140 countries.
eToro’s confidential filing for a US IPO aims at a $5 billion valuation with support from major financial institutions, targeting a listing by Q2 2025. This follows an unsuccessful SPAC merger attempt in 2021.
