eToro Partners with ADX and Plans IPO in US

eToro, the global trading and investing platform, has partnered with the Abu Dhabi Securities Exchange (ADX) to expand investment opportunities for its users. The agreement allows eToro users to invest in ADX-listed companies across key sectors such as energy, real estate, technology, and healthcare. This partnership coincides with eToro’s first anniversary as a licensed broker in the UAE and aims to bolster market liquidity while offering seamless access to one of the world’s fastest-growing exchanges.

Yoni Assia, Co-Founder and CEO of eToro, expressed excitement about the collaboration, highlighting it as part of the platform’s mission to diversify investment offerings globally. Abdulla Salem Alnuaimi, Group CEO of ADX, emphasized the strategic importance of connecting international investors to Abu Dhabi’s dynamic market.

At the same time, eToro is advancing its plans for a US initial public offering (IPO). eToro has engaged Goldman Sachs to lead the process, aiming for a valuation exceeding USD 3.5 billion. The IPO, potentially set for Q2 2025, reflects eToro’s strategy to capitalize on favorable market conditions, such as heightened interest in cryptocurrency trading and the strong performance of competitors like Robinhood.

eToro’s dual initiatives underscore its commitment to growth and innovation, offering expanded opportunities for investors while solidifying its global presence in the financial markets.