EToro Files for IPO After Crypto Drives 2024 Revenue Surge

eToro filed for a Nasdaq IPO aiming to raise $300-$400 million at a $4.5 billion valuation after 2024 revenue surged to $12.6 billion, 96% of which came from crypto trading. The IPO follows a failed 2021 SPAC deal and is backed by major banks like Goldman Sachs and Citigroup.

Mar 25, 2025 - 5:44am