eToro is launching its U.S. IPO roadshow with an aim to achieve a valuation between $3.7 billion and $4 billion, offering 10 million Class A shares priced between $46 and $50. The platform, recognized for its early adoption of cryptocurrency, claims that crypto trading accounts for 37% of its commission revenue. In 2024, eToro reported a significant increase in crypto trading revenue, reaching $12.15 billion, driving its total net income to $192.4 million. CEO Yoni Assia emphasizes eToro's pioneering role in the crypto industry as the company discloses plans to strengthen its legitimacy amidst regulatory scrutiny. The filing mentions potential risks related to cryptocurrency volatility but highlights its commitment to making crypto accessible to a broader audience. The ongoing IPO process suggests renewed confidence in market conditions, positioning eToro as a vital player in the evolving cryptocurrency landscape.

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