eToro Plans to Go Public in the U.S. After Pausing Due to Market Uncertainty
Estimated Reading Time: 2 minutes
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
eToro, an investment trading company from Israel, is restarting its plan to go public in the United States after a delay earlier this year. The pause happened because financial markets became unstable following tariff announcements by U.S. President Donald Trump. Now, eToro has filed to raise $500 million through an initial public offering (IPO), which could value the company at around $4 billion.
However, the company plans to offer 10 million shares, priced between $46 and $50 each. Half of these shares will come directly from eToro, while the rest will be sold by early investors. Big firms like BlackRock have shown interest in buying a large amount of these shares.
IPO Delay Due to Trade War Fears
eToro first filed to go public in March but stopped its plans in April after President Trump announced heavy tariffs on many of America’s trading partners. As it stands, this news caused panic in the financial markets, with both the S&P 500 and the Dow Jones dropping sharply. eToro wasn’t alone—other companies like Klarna and StubHub also postponed their IPOs due to the uncertainty caused by the trade war. Investors are becoming cautious, and several firms await better conditions before going public.
Recently, President Trump has paused the tariffs for 90 days to continue trade talks. As it is, this has helped calm global markets, making it easier for companies like eToro to return to their IPO plans.
To this end, eToro is now waiting for approval from the U.S. Securities and Exchange Commission (SEC), with hopes that the offering may be priced as early as next week.
eToro’s Growth and Future Plans
As it stands, the firm has seen financial development, claiming $12.6 billion in revenue in 2024, up from $3.89 billion in 2023.
However, with the Nasdaq listing motive under the symbol “ETOR,” the firm aims to attract more investors and expand its business. This upcoming IPO marks a major step forward for the company as it enters the U.S. public market.
In order to place winning trades with us via Bybit, you can open an account here.
