The Israel-based cryptocurrency and stock trading platform, eToro, has achieved a major milestone ahead of its planned Nasdaq debut. The company priced its initial public offering (IPO) at $52 per share, exceeding its target range of $46 to $50. This resulted in raising nearly $620 million at a market valuation of almost $4.3 billion. eToro’s IPO consists of 5,961,509 Class A common shares, with the company and existing shareholders selling a similar number of shares each. Trading for eToro shares is scheduled to begin on May 14, 2025, under the ticker symbol ETOR. Major financial firms like Goldman Sachs, Jefferies, UBS, and Citigroup are backing the listing.