eToro Group Ltd.

eToro Group Ltd. (ETOR) priced its initial public offering on May 15, 2025 at $52.00 per share, above its $46.00–$50.00 range, raising $620M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $2.36B. Goldman Sachs was lead-left underwriter, joined by Jefferies, UBS and Citigroup and others. Appleby and Skadden, Arps advised the company and Latham & Watkins advised the underwriters.

eToro Group Ltd. operates a regulated, founder-led investment platform, licensed in multiple jurisdictions, where users trade and invest. It works with global financial institutions to hold users' cash deposits and emphasizes education and community collaboration.

Status

IPO

Ticker

ETOR

Exchange

Nasdaq Global Select

Priced

May 15, 2025

IPO price

$52.00

Price range

$46.00–$50.00

Raised

$620M

Market cap at IPO price

$2.36B

First filed

Mar 24, 2025

Underwriters

Goldman Sachs, Jefferies, UBS, Citigroup, Deutsche Bank, BofA Securities, Cantor, Stifel, Mizuho, Canaccord Genuity, Moelis and Needham

Company counsel

Appleby and Skadden, Arps

Underwriters' counsel

Latham & Watkins

Sector

Financials

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.