- eToro files confidentially for IPO in the U.S., marking a major milestone for the company.
eToro has officially announced its IPO filing with a registered “F-1” registration statement with regulators in the U.S.
Reports suggest that eToro has engaged Goldman Sachs as the lead manager, with Jefferies and UBS as co-managers. While early speculation indicated a potential $5 billion valuation, this figure is yet to be confirmed.
The company can now enter the regulatory review process, which may take at least 30 days before moving to the public offering stage.
