eToro Plans US IPO Next Week as Market Volatility Eases

eToro Group Ltd., an Israel-based trading platform, is preparing to launch its long-awaited U.S. initial public offering (IPO) as soon as next week, according to sources familiar with the matter. The company paused its IPO plans in early April following market turbulence triggered by former President Donald Trump’s tariff announcements, which temporarily hindered dealmaking activities. Despite this setback, eToro’s financial performance has improved significantly, with $931 million in commissions and $192 million in net income in 2024 compared to $639 million and $15.3 million in 2023.