Israeli trading platform eToro may launch US IPO as early as this week
according to sources familiar with the matter cited by Bloomberg, the Israel-based online trading platform eToro Group Ltd. is reportedly considering launching its initial public offering (IPO) on the Nasdaq in the United States as early as this week (the week of May 5).
Earlier, eToro had submitted its IPO application to the U.S. Securities and Exchange Commission (SEC) in late March 2024, but then suspended the listing process in April due to market volatility caused by tariff-related announcements. Sources also emphasized that a final decision has not yet been made on the specific launch time of the IPO, and the company may still postpone the listing based on market conditions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Tether's cash reserves account for only 0.04% of total assets
Elizabeth Warren asks to postpone stablecoin bill review, saying she has a vested interest in Trump
Musk: AI can replace some government employee functions, the US government is inefficient
If the Fed does not cut interest rates this week, prepare for Trump's "bombardment"
Trending news
MoreCrypto prices
More
