eToro Debuts on Nasdaq at $52 Per Share, Raising $312 Million in Public Offering

eToro (ETOR), the well-known stock and cryptocurrency trading platform, successfully launched on the Nasdaq exchange on Tuesday with its shares priced at $52 each.

The company raised approximately $312 million by selling 6 million shares, setting its valuation at $4.2 billion. This price point was significantly above the initially projected range, as demand from investors was stronger than expected.

eToro’s IPO marks a significant milestone as the first U.S. cryptocurrency-related company to go public, following a period of delays due to market uncertainty tied to ongoing tariff negotiations led by President Donald Trump. Many companies, including eToro, had postponed their plans to list. However, in early May, Bloomberg reported that the platform had decided to push forward with its public offering.

The company will trade under the ticker “ETOR” on the Nasdaq.