eToro is resuming U.S. IPO plans after a delay, aiming to recover from market disruption.

From Yahoo Finance: 2025-05-05 14:19:00

eToro Group Ltd. is moving forward with its U.S. IPO next week after pausing plans in April due to Trump’s tariff announcements. Founded in 2007, eToro offers access to stocks, crypto, and social investing. The company’s last attempt at going public through a SPAC merger was pulled back.

eToro submitted IPO paperwork to the SEC in March. The company’s listing would be one of the first to recover from the “Liberation Day” tariff shock that froze markets. The VIX Index spike led to other companies halting or delaying offerings. eToro saw significant growth in commissions and net income in 2024.

Goldman Sachs, Jefferies, UBS, and Citigroup are leading eToro’s IPO on the Nasdaq under the symbol ETOR. Top investors include SoftBank Vision Fund 2, ION Group, and Spark Capital. eToro has not provided an update on the timing of the offering.

Read more: eToro resumes U.S. IPO plans after ‘Liberation Day’ delay