eToro Soars 29% on Nasdaq Debut, Raises $310M Amid IPO Revival
eToro’s Nasdaq debut marked a triumphant return for fintech IPOs, with shares surging 29% to close well above their offering price. The trading platform’s $4.2 billion valuation and $310 million capital raise signal renewed investor confidence in digital asset infrastructure—even as crypto markets remain volatile.
The Israel-based firm outpaced competitors by becoming the first commission-free trading platform to go public in 2025. Its success may reignite IPO ambitions for delayed listings from Robinhood and Circle, suggesting institutional appetite for crypto-adjacent equities is rebounding.