Trading Platform eToro Taps Goldman Sachs As it Plans US IPO
- EToro is weighing going public as soon as the second quarter
- Company had previously attempted to go public via SPAC
EToro offers a platform that lets users trade and follow top investors in assets including stocks and cryptocurrencies.
Photographer: Tiffany Hagler-Geard/BloombergThis article is for subscribers only.
EToro is working with Goldman Sachs Group Inc. on a potential initial public offering in the US, according to people familiar with the matter.
The trading and investment platform is considering going public as soon as the second quarter, though that timeline is subject to change, the people said. The company has said it could seek a valuation in a listing above the $3.5 billion figure it achieved in a private funding round last year.