EToro targets a valuation of 4 billion USD in its IPO, with plans to raise 500 million USD by offering 10 million shares priced between 46 and 50 USD each. The company has gained interest from major investors including BlackRock and its co-founder Yoni Assia.
For 2024, eToro projects substantial crypto revenue at 12.1 billion USD despite regulatory challenges and user sentiment risks. The firm highlighted that changes in crypto trading regulations could impact operations, emphasizing caution as the IPO approaches.
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