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eToro announced it has filed with the SEC to publicly list on Nasdaq

eToro aims to raise between $300 million and $400 million at a valuation between $4.5 billion and $5 billion through its upcoming Nasdaq listing

eToro attempted to go public in 2021 through a SPAC merger with Fintech Acquisition Corp V, but the deal was terminated in mid-2022 due to unfavorable market conditions

eToro, in 2024 reported $12.6 billion in total revenue, with cryptocurrency trading making up 96% of that figure

Yoni Assia, founder and CEO of eToro, stated that although the UK remains the company’s largest market, eToro is targeting a US listing to gain broader investor exposure, deeper liquidity and greater visibility

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