eToro Goes Public at $52 a Share, Far Exceeding Marketed Range

eToro, a trading platform for stocks and cryptocurrency, made its debut on the Nasdaq at $52 per share, raising approximately $312 million and valuing the company at $4.2 billion. This listing marks eToro as the first U.S. crypto firm to go public amidst recent market uncertainties, particularly regarding tariff negotiations involving President Trump. The significant demand for shares pushed the price above the initial range, leading eToro to resume its IPO plans. The company will trade under the ticker symbol "ETOR." This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CoinDesk