Crypto-friendly trading app eToro files for a Nasdaq IPO, aiming for a $5 billion valuation, after past attempts to go public in the United States.
eToro News
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Crypto-friendly trading platform eToro has filed for a US IPO, reportedly targeting a $5 billion valuation with plans to expand by listing in New York soon.
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The trading platform agreed to pay $1.5 million as part of the settlement with the SEC.
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Here’s the step-by-step process of purchasing ETH on eToro and exploring the platform’s user-friendly interface and seamless transaction procedures.
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From Tim Draper's $250K BTC prediction to Ubisoft’s newest web3 game, Paris Blockchain Week didn’t disappoint.
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Following a blockade of Binance in the country, the Philippines’ securities regulator is now targeting the online trading platform eToro.
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Yoni Assia told Cointelegraph that products like Bitcoin ETFs align with institutions’ existing modes of operation, making it easier for them to enter the market.
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Yoni Assia wanted to make trading accessible to “normal” people, and Vitalik Buterin helped him design the platform.
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The Australian Securities and Investments Commission alleged eToro users with no understanding of CFD product risks could still buy them on the platform.
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A tight regulatory environment in the United States, coupled with soaring interest rates, is forcing crypto companies to rethink their business strategies.
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The firm said it remains a “supporter” of the crypto sector and suggested that the move was purely to avoid any potential regulatory non-compliance.
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Lule Demmissie, CEO of eToro US, says that the new partnership with Twitter creates a symbiosis between social networks and social trading.
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The popular social media app is looking to introduce crypto and stock trading options from within the app as Musk aims to penetrate financial markets.
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Users can earn staking rewards by delegating the staking process to Cardano staking pool operators via reputable exchanges.
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The Israel-based firm raised capital for the first time since 2018, after failing to go public in 2022 through a SPAC merger.
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