The stock and cryptocurrency trading platform eToro is priced at $52 per share for its initial public offering.
Stock brokerage platform eToro continues to strengthen its position in the cryptocurrency field, setting its initial public offering price at $52 per share. This move will test the market's acceptance of new stock offerings. The Israeli company raised approximately $310 million by selling nearly 6 million shares, bringing the company's valuation to around $4.2 billion. Existing investors will also sell an additional nearly 6 million shares.
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