Since then, Trump has put a 90-day pause on his tariffs and trade negotiations with foreign countries are said to be ongoing. As the macroeconomic backdrop settles, eToro has resumed the initial public offering process. The SEC still needs to review and approve eToro’s filing before the company can go public, but the deal could be priced as soon as next week, according to Bloomberg.
EToro, founded in 2007, offers a platform for customers to trade assets, including crypto, similar to U.S-based trading platform Robinhood. EToro reported total revenue of $12.6 billion in 2024 compared to just $3.89 billion in 2023, the filing shows.
In 2023, eToro was valued at $3.5 billion in a $250 million funding round led by ION Group and SoftBank Investment Advisers.
