eToro trading platform publicly files for US IPO

Crypto-friendly trading app eToro files for a Nasdaq IPO, aiming for a $5 billion valuation, after past attempts to go public in the United States.

Cryptocurrency-friendly trading platform eToro has filed for an initial public offering (IPO) in the United States following several previous attempts.

The company said in a March 24 announcement that it had submitted a registration statement on Form F-1 with the US Securities and Exchange Commission related to the IPO of its Class A common shares.

EToro has applied to list its Class A common shares on the Nasdaq Global Select Market under the ticker symbol “ETOR,” according to the announcement, which stated:

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