Israeli trading platform eToro may launch US IPO as early as this week

according to sources familiar with the matter cited by Bloomberg, the Israel-based online trading platform eToro Group Ltd. is reportedly considering launching its initial public offering (IPO) on the Nasdaq in the United States as early as this week (the week of May 5).

Earlier, eToro had submitted its IPO application to the U.S. Securities and Exchange Commission (SEC) in late March 2024, but then suspended the listing process in April due to market volatility caused by tariff-related announcements. Sources also emphasized that a final decision has not yet been made on the specific launch time of the IPO, and the company may still postpone the listing based on market conditions.