Trading platform eToro plans US IPO https://t.co/LfXrMC55ZD
Goldman explores possible sale of ETF client platform, sources say https://t.co/bisvv8nVfM https://t.co/5KreQDm4cW
$GS CONSIDERS SALE OF ETF ACCELERATOR PLATFORM Goldman Sachs is exploring strategic alternatives for its ETF Accelerator platform, a tool used by clients to launch ETFs. The potential sale would not impact Goldman Sachs Asset Management's ETF business. Source: Bloomberg

eToro, a trading and investment platform, is collaborating with Goldman Sachs to pursue a potential initial public offering (IPO) in the United States, anticipated in the second quarter of 2025. The company is aiming for a valuation exceeding $3.5 billion and boasts over 38 million registered users across 75 countries. Concurrently, Goldman Sachs is exploring strategic alternatives for its ETF Accelerator platform, a service that assists institutional clients in launching their own exchange-traded funds (ETFs). The potential sale of this platform is not expected to affect Goldman Sachs Asset Management's overall ETF business.