EToro Prices IPO at $52, Raising $310M in Nasdaq Debut Amid Renewed Risk Appetite

Online trading platform eToro has priced its long-awaited initial public offering at $52 per share, raising nearly $310 million and securing a $4.2 billion valuation as it launches on the Nasdaq under the ticker ETOR.
The Israel-based brokerage, which has been steadily expanding into crypto, sold just under 6 million shares, while another 6 million shares were offloaded by existing investors. The final pricing beat its earlier range of $46–$50 per share.
IPO Market Shows Signs of Life Under Trump’s Second Term
EToro’s IPO marks a significant milestone in what many hope will be a broader IPO revival, sparked by improving market sentiment under President Donald Trump’s administration. Though 2024 saw IPOs falter due to high interest rates and inflation, Trump’s return brought renewed optimism.
However, that momentum briefly stalled this spring due to tariff uncertainty between the U.S. and China, causing eToro and peers like Klarna and StubHub to delay listings.
Now, eToro’s successful debut could serve as a barometer for investor risk appetite. Its performance is being closely watched by other IPO hopefuls, including Hinge Health, which aims to raise up to $437 million, and Chime, which filed its prospectus on Tuesday.