Yoni Assia, the Chief Executive Officer of eToro, an Israel-based social trading and multi-asset investment company, informed the Financial Times that the company is exploring the possibility of listing on either the New York or London stock exchanges.
The Israeli company is seeking a valuation of over $3.5 billion. Assia emphasized that listing on Wall Street would provide the company with access to a wider range of investors compared to the British market, stressing that the American market creates a pool of both deep liquidity" and "deep awareness for those assets that are trading in the US."
However, the founder of eToro did not dismiss the possibility of listing in London, considering that the company's primary focus is on Europe, particularly in the United Kingdom. "We're seeing levels of activity that we haven’t seen since 2021," Assia told the outlet.
