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eToro Prices IPO at $52, Surpassing Expected Range

The trading platform raises $310 million with strong investor demand, valuing the company at $4.2 billion as shares prepare to trade on Nasdaq.

Yoni Assia is eToro’s CEO and co-founder
EToro (CoinDesk Archives)
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Overview

  • eToro's IPO priced at $52 per share, exceeding the marketed range of $46–$50 due to oversubscription.
  • The offering raised approximately $310 million, valuing the company at $4.2 billion.
  • Shares are set to begin trading on Nasdaq under the ticker symbol 'ETOR' on Wednesday, May 14, 2025.
  • BlackRock expressed interest in purchasing up to $100 million in shares, highlighting strong institutional backing.
  • The IPO follows a 2024 financial rebound, with eToro reporting $12.6 billion in revenue and $192 million in net income.