EToro Surpasses Expectations with $52 Nasdaq IPO
EToro’s Nasdaq debut at $52 per share exceeded forecasts, raising $310 million and achieving a $4.2 billion valuation. The offering, trading under ticker "ETOR," reflects robust demand for crypto-adjacent equities following peers like Coinbase and Marathon Digital.
An upsized 11.9 million share allocation—split evenly between company and existing holders—validates institutional appetite. The final pricing eclipsed initial $46-$50 projections, signaling confidence in digital asset infrastructure plays.