eToro Raises $620 Million in IPO, Setting Record for Fintech Listing

Social trading platform eToro has officially launched its public listing on the Nasdaq, setting a record for the fintech sector with an IPO price of $52 per share. This move raised a total of $620 million, fueling growth and establishing eToro as a leader in the digital investing landscape. This successful debut signifies increasing investor confidence and appetite for well-established trading platforms like eToro, known for its social investment features.