The fintech company files to go public a day before eToro begins trading on Nasdaq. The deals will test the strength of the IPO market.

NEW YORK--(BUSINESS WIRE)--eToro Group Ltd. ("eToro") today announced the pricing of its upsized initial public offering (“IPO”) of 11,923,018 Class A common shares, no par value (the “Class ...

In 2024, eToro reported commissions of $931 million on net income of $192 million, rising from $639 million in commissions on net income of $15 million the year before. A big reason for that was an increase in crypto assets trading, which made up 38% of eToro’s commissions in 2024, more than doubling from 2023, according to its IPO filing.

EToro raised almost $310 million in its initial public offering late Tuesday, selling shares above its expected range.

Toro (NASDAQ:ETOR),  a brokerage also offering crypto trading, listed its shares on the Nasdaq yesterday in an initial public offering (IPO) that quickly saw

EToro Group Ltd. and some of its shareholders raised nearly $620 million in an upsized US initial public offering priced above the marketed range.

Toro has launched a new recurring purchase feature in the U.K., Europe and the UAE. Eligible platform users can now set up automated recurring purchases