EToro is putting real numbers behind its IPO hype. In a fresh SEC filing, the trading platform revealed a 46% jump in commissions last year, raking in $931 million. That’s up from $639 million in 2023. Net income also increased dramatically, hitting $192 million—over 12x more than the prior year.
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Crypto Drives Big Gains for EToro
A huge chunk of that growth came from crypto. According to the filing, 38% of EToro’s commission came from digital assets in 2024, more than doubling from 17% in 2023. It helps that Bitcoin—and its altcoin friends—just wrapped up a monster year. A big part of that was political, crypto roared back into the spotlight as Donald Trump returned to office with a pro-digital asset stance.
EToro Seeks Nasdaq Listing Under Ticker “ETOR“
EToro plans to list on the Nasdaq, with Goldman Sachs (GS), UBS (UBS), Jefferies (JEF), and Citigroup (C) leading the charge. The final…
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