EToro soars in Nasdaq debut at 52 USD per share, valuing trading platform at 4.2 billion USD

EToro made its Nasdaq debut on May 14, 2025, at 52 USD per share, exceeding expectations. The company raised about 620 million USD and is valued at 4.2 billion USD, indicating resilient demand for tech IPOs amid improving economic conditions.

In 2024, eToro experienced significant profit growth, reaching 192.4 million USD as interest in cryptocurrency surged. The firm operates over 3.5 million funded accounts globally, reflecting strong momentum in its user base and crypto trading activities.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts