eToro targets a valuation of $4 billion and aims to raise $500 million through an IPO.

GateUser-6433627c · 2025-05-06T10:00:29+00:00

[eToro aims for a valuation of $4 billion and raises $500 million through IPO] The crypto assets and stock trading platform eToro announced details of its upcoming IPO in New York, aiming to raise up to $500 million and achieve a valuation of $4 billion. The issuance includes 10 million Class A common shares, with an offering price between $46 and $50 per share. According to the announcement released on Monday, eToro will provide half of the issuance, with the remaining 5 million shares held by existing shareholders.The platform also allows underwriters to purchase an additional 1.5 million shares within 30 days to cover any overallotment. Goldman Sachs, Jefferies, UBS Investment Bank, and Citigroup are the leading underwriters, while Deutsche Bank Securities, Cantor, and Bank of America Securities also provided additional support.

GateUser-6433627c

2025-05-06 10:00:29

[eToro’s target valuation is $4 billion and aims to raise $500 million through IPO] The crypto assets and stock trading platform eToro has announced details of its upcoming IPO in New York, aiming to raise up to $500 million in funds and achieve a valuation of $4 billion. The issuance includes 10 million Class A common shares, with an offering price between $46 and $50 per share. According to an announcement released on Monday, eToro will offer half of the issuance, with the remaining 5 million shares held by existing shareholders. The platform also allows underwriters to purchase an additional 1.5 million shares within 30 days to cover any overallotments. Goldman Sachs, Jefferies, UBS Investment Bank, and Citigroup lead the underwriting, with Deutsche Bank Securities, Cantor, and Bank of America Securities also providing additional support.

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