The actions of the actions and the EToro cryptocurrency trade platform (ETOR) debut at $ 52 per share after the company reached the Nasdaq exchange on Tuesday night.
The company raised around $ 310 million from investors, since it sold 6 million shares at a price of $ 52 per piece. The list values the company at $ 4.2 billion.
The price is significantly higher than the commercialized range, since the company received a much greater demand than previously planned.
Etoro becomes the first company to make public after a couple of difficult months in the markets of the United States, since President Donald Trump is under discussion to make several tariff agreements with leaders around the world.
Because of that, many companies, including Etoro, had been delayed in public, but Bloomberg reported last week that the negotiation platform was resuming the plans.
The company will trade under the “ETOR” ticket.
