eToro eyes US IPO launch as early as next week amid easing concerns over Trump’s tariffs

By: bitcoin ethereum news|2025/05/03 01:45:02
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Key Takeaways eToro plans to launch its US IPO as soon as next week following easing tariff concerns. The company reported $931 million in commission in 2024 up from $639 million the previous year. eToro may make its US market debut as early as next week, as easing volatility clears the path for one of the most anticipated fintech IPOs paused by Trump’s tariff-driven market jitters, Bloomberg reported Friday. The company, which offers a platform for trading stocks, ETFs, and digital assets, decided to delay its IPO following President Trump’s April 2 tariff announcement, which triggered a spike in market turbulence. The sweeping tariffs on imported goods raised fears about an escalating global trade war and sent stock markets into a tailspin. As a result, eToro and several other high-profile companies, including Klarna, Medline, and StubHub, postponed their public listing plans amid rising uncertainty. The Financial Times reported in January that eToro had confidentially filed for a US IPO with backing from Goldman Sachs, Jefferies, and UBS. Targeting a $5 billion valuation and a potential Q2 2025 listing, the company plans to list its shares on the Nasdaq Global Select Market under the ticker ETOR. eToro’s financial performance has rebounded sharply. According to its IPO filing, the company generated $931 million in total commission revenue in 2024, with net income of $192 million, up from $639 million in commission and $15 million in net income the year prior. According to sources, eToro has not yet made a final decision on the timing of the listing, and the launch may be postponed if market conditions change. The renewed interest in crypto securities, fueled by the appointment of pro-crypto SEC chair Paul Atkins, is creating favorable conditions for companies like eToro. At the same time, major firms such as Circle, Kraken, and Gemini are advancing plans for public listings following key regulatory settlements. Source: https://cryptobriefing.com/etoro-us-ipo-launch/

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