<ul><li>eToro, the Israeli trading platform, successfully launched its IPO on Nasdaq at $52 per share, raising $620 million which surpassed expectations.</li><li>The IPO pricing at $52 per share was above the expected range of $46 to $50 due to high demand from investors, increasing the company's valuation to about $4.2 billion.</li><li>Despite regulatory hurdles and past challenges, eToro's IPO drew institutional interest with BlackRock and major underwriters fueling demand for the company's shares.</li><li>The successful eToro IPO indicates optimism in the capital markets, especially for fintech companies, and the company plans to use the raised capital to expand and enhance its services globally.</li></ul>

eToro IPO Surpasses Expectations, Prices at $52 Per Share

Discover more