IPOs ready to push after Trump tariff jolt
EToro initially made confidential filings with the SEC in January for a public offering, before publicly announcing the plans on March 24.
The company reportedly delayed its IPO after President Donald Trump’s April 2 “Liberation Day” tariff announcements tanked global markets and stopped many in-the-works public offerings.
Crypto companies are also lining up to go public, with stablecoin issuer Circle filing on April 1 but then pausing its plans amid the uncertainty.
Crypto exchange Kraken is also reportedly considering a public offering for early next year, which has accelerated its plan with Trump’s election.
EToro’s public offering is led by Goldman Sachs, Jefferies, UBS Investment Bank and Citigroup.
