eToro has delayed its plans for its initial public offering roadshow that was expected to begin next week, according to a report from Axios on Friday.
The social trading platform, which filed for an IPO with the U.S. Securities and Exchange Commission in March, had been preparing to list its Class A shares on the Nasdaq under the ticker symbol “ETOR”.
However, the listing now appears to be on hold amid broader market uncertainty due to the announcement of US President Trump’s tariffs.
According to Axios, eToro’s decision comes as companies reassess market conditions in the face of tariff-related volatility, even those with a global focus rather than a purely U.S. footprint.
The company has not publicly commented on the delay.
eToro had not yet disclosed key IPO details, such as the number of shares to be offered or the expected price range.
The company said in its March filing that the offering is being led by Goldman Sachs, Jefferies, UBS, and Citigroup, with several other banks listed as bookrunners.
Founded in 2007, eToro allows users to trade stocks, cryptocurrencies and other assets, while offering social trading tools that let users follow and copy the trades of experienced investors.
The company previously scrapped a $10.4 billion SPAC merger in 2021 due to market volatility.
