eToro Plans U.S. IPO to Raise $300-400 Million

Crypto platform eToro is preparing for a major market move, seeking an initial public offering (IPO) in the US to raise up to $300-$400 million. The firm’s plans come as they seek broader exposure within the global crypto market, leveraging institutional support and aiming for a valuation of $4.5-5 billion, lower than its previous SPAC attempt.