eToro plans $4B IPO with 10 million shares priced between $46 and $50

From Yahoo Finance: 2025-05-05 13:51:00

Online retail trading platform eToro plans to go public with an initial public offering targeting a valuation of $4 billion. The Israel-based company aims to offer 10 million shares at a price between $46 and $50, potentially raising up to $500 million in gross proceeds. eToro reported $931 million in commissions in 2024, with crypto assets trading comprising 38% of its commissions. This IPO marks eToro’s second attempt at going public, after a previous merger plan was abandoned in 2021.

Read more: Online Trading Platform eToro Sets Sights on $4B IPO Valuation