eToro Set For Nasdaq Debut, Crypto And Stock Trading Platform Announces Upsized IPO Priced At $52 Per Share

Cryptocurrency and stock trading platform eToro Group Ltd. priced its upsized initial public offering at $52 per share on Tuesday ahead of its Wall Street debut.

What happened: The Israeli firm offered 11.92 million shares at $52 apiece, above its target range of $46 to $50. The offering includes 5,961,509 Class A common shares sold by eToro and 5,961,509 Class A common stock sold by existing shareholders.

The shares are expected to begin trading on the Nasdaq stock exchange on Wednesday, under the ticker …

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