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Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut

  • Israel-Based trading platform eToro priced its IPO at $52 per share ahead of its Nasdaq debut on May 15, 2025.
  • The company postponed a 2022 SPAC merger due to a market downturn but resumed public offering plans as conditions improved.
  • EToro sold nearly 6 million new shares and another 6 million by existing investors, raising about $310 million and valuing itself at $4.2 billion.
  • The IPO was priced at $52 per share, surpassing the anticipated range of $46 to $50, with CEO Yoni Assia previously expressing the company's clear intention to pursue a public listing.
  • EToro's debut will test market appetite for tech and finance offerings and reflects growth driven by increased crypto trading revenue.
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Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut

Israel-based stock brokerage platform eToro said it has priced shares for its IPO at $52, which would value the company at about $4.2 billion

·United States
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Fortune broke the news in New York, United States on Tuesday, May 13, 2025.
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