Crypto Exchange eToro files for US IPO
eToro’s IPO filing in the U.S. could value it at $5 billion. Explore the platform’s plans, challenges, and what this means for its future.
One of the most famous crypto exchanges, eToro, has filed for an IPO in the United States. The company is aiming to go public in a grand way. It has made a confidential filing with the SEC in January 2025, which marks a significant step in its journey. If things go as planned, this could reshape the position of the exchange in the competitive trading platform market.
eToro’s IPO could value the company at over $5 billion. For context, back in 2023, eToro was valued at $3.5 billion after raising $250 million in a funding round. That’s a massive jump in just two years.
Filing confidentially with the U.S. Securities and Exchange Commission (SEC) is a smart move. It gives company time to work out the details without revealing too much to the public or competitors. It’s like preparing in the shadows, only stepping into the spotlight when everything’s ready.