eToro Prices IPO at $52 Per Share Ahead of Nasdaq Debut
eToro, the Israel-based crypto and stock trading platform, has set its initial public offering price at $52 per share, surpassing its target range of $46 to $50. The firm raised nearly $620 million by offering over 11.92 million shares, achieving a market valuation of approximately $4.3 billion.
The IPO includes 5,961,509 Class A common shares sold by eToro and an equal number by existing shareholders. Trading begins today, May 14, 2025, on Nasdaq under the ticker ETOR, with backing from financial heavyweights like Goldman Sachs, Jefferies, UBS, and Citigroup.
This milestone underscores eToro’s growing influence in the digital asset space, marking a significant step for a platform that has long been a gateway for retail investors into cryptocurrencies and traditional markets.