- eToro raises $620 million in IPO by selling 11.9 million Class A shares at $52 each, exceeding expectations.
eToro has successfully priced its initial public offering (IPO), raising $620 million after selling 11.9 million Class A shares at $52 each.
The IPO, which exceeded expectations in both share count and price range, valued the Israel-based company at $4.26 billion.
The offering includes an equal split of new shares from eToro and shares sold by existing stakeholders, bringing $310 million in fresh capital to the firm.
eToro shares will begin trading on the Nasdaq Global Select Market under the symbol ETOR starting May 14, 2025. This IPO marks a key step for eToro as it looks to scale its operations and continue expanding globally.
