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eToro Files for IPO and Plans Nasdaq Listing as ETOR

  • eToro has officially filed for an IPO, aiming to list shares on Nasdaq as 'ETOR'.
  • The Israeli trading platform has partnered with Goldman Sachs for the IPO process.
  • eToro's targeted valuation for the IPO is $3.5 billion.
  • eToro's revenue surged from $3.89 billion to $12.64 billion, mostly driven by crypto trading activities.

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