eToro will go public in 2021

Rumor has it that EToro is planning to follow in Coinbase's footsteps and will also host an IPO

EToro is currently working with the LSE (London Stock Exchange) "Elite" program in preparation for an IPO. Company representatives do not comment on rumors, but there is information from LinkedIn that indirectly confirms this.

The IPO is expected to take place in the second quarter of the new year. The impetus was the attraction of 5 million new users and an increase in revenue to $500 million in 2020.

Most likely, the formalities related to the IPO, as in the case of Coinbase, will be handled by Goldman Sachs.