Investment platform eToro is reportedly collaborating with Goldman Sachs for a United States IPO.

The IPO may take place as early as the second quarter, although the schedule is not confirmed.

The company’s valuation could exceed US$3.5 billion, matching a prior funding round.

However, specific details on the offering and banking partners remain undecided.

Founded in 2007, eToro provides trading in stocks, cryptocurrencies, and other assets. It reports over 38 million users in 75 countries. Recent investors include ION Group, SoftBank Vision Fund II, and Velvet Sea Ventures.