eToro Secures $4 Billion Valuation for U.S. IPO

Evolving market conditions have driven eToro to pursue a $4 billion valuation for its upcoming IPO in the United States. This substantial offering is supported by key financial institutions like Goldman Sachs, highlighting the company’s strategic expansion plans. The initial public offering (IPO) will involve selling 10 million Class A shares, with the majority of shares offered directly by eToro and the remaining shares held by existing investors. Shares are expected to trade between $46 and $50 per share, raising approximately $500 million in capital.