Key dishes to remember
- Etoro plans to launch its IPO in the US stock market next week after the relaxation of tariff concerns.
- The company said $ 931 million in commission in 2024 against $ 639 million the previous year.
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Etoro could make his debut on the American market next week, while the relaxation of volatility opens the way to one of the most anticipated fintech in break by attacks on Trump’s pricing market, Bloomberg reported on Friday.
The company, which offers a platform to negotiate actions, ETFs and digital assets, has decided to delay its IPO after the announcement of President Trump’s price, on April 2, which sparked a peak of market turbulence.
The radical prices on imported goods have raised fears of an escalation of the World Trade War and sent stock markets in a flesh. Consequently, Etoro and several other high -level companies, notably Klarna, Medline and Stubhub, have postponed their public inscription plans in an increasing uncertainty.
The Financial Times reported in January that Andoro had confidentially filed an introduction on the US scholarship with the support of Goldman Sachs, Jefferies and UBS. Ci paying an evaluation of $ 5 billion and a potential registration of the T2 2025, the company plans to list its shares on the Nasdaq Global Select Market under the Ticker ETOR.
Etoro’s financial performance has rebounded. According to its IPO, the company generated $ 931 million in total committee income in 2024, with a net profit of $ 192 million, compared to $ 639 million in commission and $ 15 million in net profit the previous year.
According to sources, Etoro has not yet made a final decision at the time of the list, and the launch can be postponed if market conditions change.
The renewed interest in cryptographic titles, fueled by the appointment of the President Pro-Crypto dry, Paul Atkins, creates conditions favorable to companies like Etoro.
At the same time, large companies such as Circle, Kraken and Gemini advance plans for public lists following the main regulatory establishments.
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