Crypto-friendly trading platform eToro files for US IPO
eToro has confidentially filed for an IPO with the SEC, targeting a valuation of over $5 billion and potential listing by Q2 2025. The move comes despite eToro's decision in September to cease trading most crypto assets in the US following an SEC settlement, with the UK remaining its largest market. eToro's most recent funding round, which was in 2023, raised $250 million at a $3.5 billion valuation.