ETORO first succeeded on the Nasdaq Stock Exchange on Wednesday, May 14, 2025, a move that its shares have risen to nearly 30 %. The trading platform closed at $ 67, an increase of $ 52, a result of most analysts. The company (EToro Group Ltd) raised $ 620 million in the public subscription, and immediately take interest from institutional investors. The first appearance comes after the successful 2024 that witnessed $ 12.6 billion in revenue. This financial performance pushed the investor’s interest in the company, especially in the encryption trade. Experts expect that successful public subscription may revive the public subscription market and inspire other companies for the public.
New exposure to encryption and interest trade
For the first time in Nasdak is currently anger due to the augmented assessment of the company. However, analysts note that this step for the public may push the exchange to the prevailing spotlight where more people will be exposed to other unstable products, such as the customized encryption portfolio. ETORO’s Crypto portfolio provides a safe way to store and transfer digital assets outside the platform. For example, players in online casino or Mobile Sweepstakes can use a portfolio to transfer encryption to other payment systems for deposits and clouds. The money can then be used to buy the virtual currency in the lottery casinos, betting on the openings, roulette, Black Jack and other products.
In addition, coded withdrawals and estimates can be transferred to the wallet and the trading platform. Everything is lying in the vision, which EToro will now get successfully after the audience and make the main headlines around the world. Regardless of games, the EToro products group now has exposure to infringement of many sectors, including e -commerce, independent payments, and international transfers. These sectors can benefit from rapidly drawn encryption transfers that drive many companies to adopt encryption. Over time, ETORO can develop its products to become a multi -use player that facilitates investment, trade and daily encryption tools across global markets.
Another story of the genius of the last minute
When Etoro announced for the first time its first year, the prices were set at $ 46. However, at the last minute of the offer Etoro witnessed the public subscription to $ 620 million before launch. The trading platform also paid shares exceeding the initial price to $ 50 in what was found to be a genius maneuver. At the end of the public subscription, EToro sold more than 12 million shares, including shares kept by current investors and new issues. Goldman Sachs and Jeffrez led sales, accompanied by Citigroup and UBS Investment Bank. These forces have attracted many institutional investors, as the Blackrock administration showed early interest in buying up to $ 100 million of shares at the public subscription price.
It was predicted for the first time after the huge performance of ETORO in 2024. The company recorded a net income of $ 193 million from $ 12.6 billion of revenues, up from $ 15.3 million from $ 3.89 billion in 2023. For many in the company, it seems that going to public places like a somewhat long journey began in 2007 when Etoro was founded. The goal was to enable independent investment, and ITORO rejected some wonderful inventions, including social circulation and transcription of encryption. This was the second attempt for the public after an initial attempt in 2021 through the increasing interest rates and uncertainty caused by the market.
Reviving the subscription market
The public subscription market has been calm recently, partly due to market fluctuations in an uncertain political climate. Etoro has originally postponed the public subscription, but all this will be lost in history after the last teacher. The public has the public subscription market talks between financial headlines, and success may inspire other companies to start thinking about the idea of public offering. In fact, many companies have revealed their intentions to the public just a few days before the subscription in Itoro. Among them is Circle Internet Group Inc. And Chime Financial Inc. Kraken and Figma Inc. If it is only harassing, you will definitely be more aggressive and strategic with its intentions.
Many companies that were published a few years ago, when the values were high, are still struggling to make stable profits. Etoro, which was an evaluation of $ 10 billion at the time, was lucky to remove and postpone his plans. The company’s new evaluation reached 5.5 billion dollars after the success of the public subscription and had an immediate impact. The competitors saw their shares decreased with Itoro reaches its peak, so that the future could see a group of companies looking to advertise. However, the journey was not without accidents. Although the renewed interest in public subscription is normal, companies will not be very fast in continuing to reduce shares after what happened with SPAC companies.
Looking: What is the following for etoro
Etoro will ride the wind at the present time, but the Fintech market is not for stagnation. The company put itself in the best positions, creating an opportunity to expand its platform and services. With the successful public subscription in the past, the market is awaiting future expansion. The current focus on social investment in traditional assets and encrypted currencies appears to be. As the representative of the company mentioned in an impressive way, the public subscription is only the beginning, and EToro plans to push the limits of what is possible and satisfactory, with a focus on solving today and tomorrow’s issues.
Source: https://www.livebitcoinnews.com/tracking-etoros-movement-after-monumthal-nasdaq-debut/