Trading platform eToroamong the first companies to introduce Bitcoin in Europe, has filed documents with the Securities and Exchange Commission (SEC) for an IPO in the United States (USA). Objective: Evaluation 5 billion dollars And greater global expansion.
Let’s see all the details in this article.
Historic step for eToro: growth ambitions in the US market and abroad through an IPO
eToro, one of the most popular trading platforms in the cryptocurrency sector, has officially begun preparations for an initial public offering (IPO) in the United States (USA).
This step refers to a Important step It is part of the company’s global expansion strategy and opens new opportunities to reach a broader base of investors.
According to what I reported financial times, eToro filed confidential documents with the US Securities and Exchange Commission (SEC) in January 2025.
Sources close to the matter indicate that the IPO could take place as early as next year Second quarter of 2025 With an estimated value of more than $5 billion.
Founded in 2007, eToro has established itself as a leading social and multi-asset investing platform.
The decision to list in New York reflects the company’s intention to do so Take advantage of The American financial market is famous for its liquidity and ability to attract international investors.
Although the UK remains the main market for eToro, founder and CEO Uni Asia He stressed the importance of the American market for the company’s future.
Highlighting the advantages of listing on Wall Street, Asia has already stated:
“The US market offers deep liquidity and awareness of the assets being traded.”
The US IPO will not only allow eToro to raise capital for further investments, but will also enable access to… More diverse Investor base compared to what is available in Europe or the UK.
A journey of growth and innovation
In recent years, eToro has strengthened its position as a cryptocurrency-friendly platform. In 2023, the company filed 250 million dollars In a financing round that raised its value to $3.5 billion.
With an imminent IPO, eToro now aims to exceed $5 billion, representing significant growth compared to previous valuations.
Among the banks participating in the listing process are prominent names such as: Goldman Sachs, Jefferies, and UBS, Which works with eToro to improve its IPO strategy.
eToro was also one of the first regulated platforms in Europe to offer Bitcoin trading, introducing its services as early as 2013.
This is what made it a pioneer in the adoption of cryptocurrencies, making it a pioneer in the digital investment sector.
The company subsequently expanded its cryptocurrency portfolio, supporting a variety of tokens including Ether (ETH)Litecoin (LTC), Bitcoin Cash (BCH), and Ripple (XRP).
However, the road was not without challenges. In September 2024, eToro suspended trading of several cryptocurrencies in the United States following an agreement with the Securities and Exchange Commission over alleged violations of federal securities regulations.
Despite these hurdles, eToro continues to stand out as an innovative platform that integrates traditional and digital assets, providing users with a diverse and accessible trading experience.
eToro ambitions
With its IPO approaching, eToro aims to consolidate its position not only as a trading platform but also as a major player in the global financial system.
The decision to list in New York highlights the company’s intention to attract institutional and individual investors. And thus take advantage of Prestige and vision Provided by the American market.
The move could also accelerate the adoption of cryptocurrencies and digital assets in the United States. Thus contributing to the normalization of its use among a wider audience.
In other words, the eToro IPO announcement represents an important turning point for the digital investment sector.
