Etoro successfully launched on the Nasdaq with an IPO price of $52 per share, slightly above the initial range, raising $312 million and reaching a valuation of $4.2 billion.
The IPO comes amidst tense tariff negotiations led by Trump, marking a bold resurgence of stock market debuts.
With the ticker “ETOR”, eToro becomes the first crypto company listed in the US this year, asserting its ambition in the American market.
eToro makes stock market debut
On Tuesday, eToro took its first steps on the Nasdaq with an introductory price of $52 per share, well above the announced range ($46 – $50). The result: a $312 million fundraising and an immediate valuation of $4.2 billion.
An IPO in the midst of geopolitical uncertainty
In a climate of commercial tensions fueled by Donald Trump’s tariff negotiations, most companies had put their IPOs on hold. eToro was no exception. But the tide is turning. By reopening in early May, the platform seized a strategic opportunity to make a strong impact.
The operation attracted a demand far exceeding expectations. Of the six million shares offered, investors rushed in, buoyed by the rebound in tech and crypto markets. eToro thus becomes the first ‘crypto company’ to go public in the US since the beginning of the year, a strong signal for the entire sector.
Ticker “ETOR”: a new era begins
The stock will be listed under the symbol “ETOR” on the Nasdaq. This listing achieves a dual challenge: reigniting the momentum of IPOs in still fragile conditions, and positioning eToro as a major player in global trading, both in crypto and traditional stocks.
The Israeli company, already well established in Europe, now aims to establish a lasting presence in the American stock market.
