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@bgk
Insiders have revealed that eToro, an online brokerage firm that offers cryptocurrency and stock trading, is partnering with Goldman Sachs to prepare for its initial public offering in the United States. EToro is considering going public as early as the second quarter, but this timeline may change. The company stated that its IPO valuation may be higher than the $3.5 billion achieved in last year's private equity financing. Insiders say that details such as the issuance date may change, and more banks may join the list. Previously, eToro attempted to go public at a valuation of $10.4 billion by merging with a special purpose acquisition company led by serial trader Betsy Cohen. Both parties have agreed to terminate the transaction in 2022. @ftihfhhhf
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