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eToro aims for a $4 billion valuation and to raise $500 million through IPO

eToro aims for a $4 billion valuation and to raise $500 million through IPO

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金色财经金色财经2025/05/06 10:22

The cryptocurrency and stock trading platform eToro has announced details of its upcoming IPO in New York, aiming to raise up to $500 million and achieve a valuation of $4 billion. The offering includes 10 million Class A common shares, priced between $46 and $50 per share. According to the 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 over-allotments. Goldman Sachs, Jefferies, UBS Investment Bank, and Citigroup are leading the underwriting, with additional support from Deutsche Bank Securities, Cantor, and BofA Securities.

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