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By Helene Braun|Edited by Sam Reynolds
Updated May 14, 2025, 6:04 a.m. Published May 14, 2025, 12:02 a.m.
- Shares of eToro debuted at $52 each on the Nasdaq, valuing the company at $4.2 billion.
- The company raised approximately $310 million from investors, exceeding the anticipated demand.
- EToro is the first company to go public after a challenging period in U.S. markets due to tariff discussions led by President Donald Trump.
Shares of stock and crypto trading platform eToro (ETOR) have debuted at $52 a share after the company hit the Nasdaq exchange on Tuesday evening.
The company raised about $310 million from investors as it sold 6 million shares at a price of $52 a piece. The listing values the company at $4.2 billion.
STORY CONTINUES BELOW
The price is significantly higher than the marketed range, as the company received a much higher demand than previously anticipated.
EToro becomes the first company to go public after a rough couple of months in markets across the U.S., as President Donald Trump is in discussions to make several tariff deals with leaders around the world.
Because of that, many companies, including eToro, had delayed going public, but Bloomberg reported last week that the trading platform was resuming plans.
The company will trade under the ticker “ETOR”.
Helene is a New York-based markets reporter at CoinDesk, covering the latest news from Wall Street, the rise of the spot bitcoin exchange-traded funds and updates on crypto markets. She is a graduate of New York University’s business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
