eToro Group, a cryptocurrency trading platform, has confidentially filed a draft Registration Statement with the US Securities and Exchange Commission (SEC) for its planned initial public offering (IPO). The number of shares and price range for the offering have not been specified. The IPO is expected to take place once the SEC completes its review of the Registration Statement, although a definitive timeline has not been set. eToro previously attempted to go public through a $10.4 billion SPAC merger in 2021 but abandoned the effort. The company raised $250 million in 2023 at a $3.5 billion valuation, indicating a rebound in the company's fortunes.



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