Israeli Crypto Trading Platform eToro May Launch U.S. IPO as Early as This Week
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Planet Daily News: According to informed sources, eToro Group Ltd., an online trading platform based in Israel, is reportedly considering launching its initial public offering (IPO) on the NASDAQ as early as this week (the week of May 5th). Previously, eToro submitted its IPO application to the U.S. Securities and Exchange Commission (SEC) in late March 2024, but subsequently suspended the listing process in April due to market fluctuations caused by tariff-related announcements. Sources also emphasized that no final decision has been made regarding the specific timing of the IPO, and the company may still postpone the listing depending on market conditions. (Bloomberg)
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