<ul><li>Israeli multi-asset trading platform, eToro, files for Nasdaq IPO after a 2021 SPAC deal fell through.</li><li>eToro aims to raise between $300 million and $400 million in the IPO, targeting a valuation of up to $5 billion.</li><li>In 2024, eToro's total revenue reached $12.6 billion, with 96% coming from cryptocurrency trading. Net income rose to $192 million.</li><li>The IPO is part of eToro's strategic expansion to access a broader group of investors and gain better trading liquidity and market visibility.</li></ul>

eToro Files for Nasdaq IPO as Crypto Revenues Surge to $12.6B in 2024

Discover more