
eToro Raises $312 Million in Nasdaq Debut, Shares Priced at $52
On Tuesday, eToro (ETOR), the global stock and crypto trading platform, went public on the Nasdaq exchange, pricing its shares at $52 each.
The platform raised approximately $312 million by selling 6 million shares, bringing its total valuation to $4.2 billion. This figure exceeded the company’s initially targeted price range, fueled by stronger-than-expected investor demand.
eToro’s listing marks a significant achievement as the first U.S.-based crypto company to go public, overcoming a period of market instability driven by ongoing tariff negotiations under President Donald Trump. Like many other firms, eToro had delayed its IPO, but recent reports in early May confirmed the company’s decision to move forward.
eToro will now trade under the ticker symbol “ETOR” on the Nasdaq.
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