• bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

MORE FROM SPONSORED

LIVE Web3 News

 

ARTICLE INFORMATION

eToro IPO performance

eToro IPO performance boosts confidence in crypto trading and retail investing trends

Tariq Al-Mansouri

eToro IPO performance has stirred excitement in the market as the crypto trading platform debuted on Nasdaq.

The platform’s shares surged nearly 30% on May 14, closing at $67 after an initial offering price of $52. That sharp rise brought eToro’s market value to more than $5.5 billion, a strong sign of investor confidence in the company and the broader retail investing movement.

The day’s trading saw eToro’s stock shoot to a high of $74.26 before settling and slightly dipping to $66.53 in after-hours trading. This followed a last-minute increase in its IPO size to $620 million. The company sold more than 11.92 million shares, above its initial plan to sell 10 million. The offering drew interest from heavyweight investors, with BlackRock-managed funds signaling up to $100 million in buy-in.

eToro’s public market entry represents more than a valuation milestone. It underscores the growing belief that retail trading platforms, especially those with crypto access, are not short-term fads. Robert Francis, eToro Australia’s managing director, said the IPO confirms the long-term nature of retail investing and crypto trading.

eToro IPO performance signals new strength in crypto markets

The eToro IPO performance also highlights a rebound in IPO activity in the United States. The company delayed its IPO plans after April’s surprise tariff announcements from former President Trump rattled global markets. But its eventual debut and success now point to a revival of public offerings in the crypto and tech sectors.

Founded in 2007, eToro has attempted to go public before. Its 2021 SPAC merger plan was valued at $10 billion but was canceled in 2022 due to market instability from the pandemic and high inflation. This time, the IPO move was more traditional, led by giants like Goldman Sachs, Jefferies, and UBS.

eToro’s 2024 crypto revenue totaled $12.1 billion, a massive leap from $3.4 billion in 2023. Crypto still represents a strong segment of its business, though its share of trading commissions is projected to fall from 43% in Q1 2024 to 37% in Q1 2025. This diversification could attract long-term investors beyond the crypto niche.

ANOTHER MUST-READ ON ICN.LIVE:

$1 trillion U.S.-Saudi investment roadmap and its economic impact across key sectors

Crypto platforms eye public markets after eToro IPO performance

Other crypto firms are closely watching the eToro IPO performance. Kraken, Circle, and others like Chainalysis and Anchorage Digital may follow with IPOs this year. Bitwise, a crypto fund manager, had forecast this trend back in December. While some firms paused IPO plans due to tariffs, eToro’s success might push them to reconsider.

Rival platform Robinhood saw its shares dip nearly 2% the same day, showing that investor sentiment is shifting toward newer IPOs. For the crypto and retail trading ecosystem, eToro’s successful debut sets a positive tone for 2025.

SHARE

What does eToro’s IPO performance mean for the crypto industry?

eToro’s IPO performance sends a strong signal that confidence in crypto-related companies is growing again. After a long lull due to inflation and tariffs, this debut shows investors are ready to back crypto platforms—especially those with proven revenue and a broad user base. eToro’s ability to rally a 30% share price jump and attract major players like BlackRock reinforces the market’s readiness for institutional-grade crypto ventures. It may also pave the way for other firms like Kraken and Circle to go public.

Is retail investing still a trend or just hype?

The IPO performance of eToro confirms retail investing is more than a trend—it’s a structural shift in the finance world. With millions of users now accessing markets through platforms like eToro and Robinhood, retail trading has moved from the fringe to the mainstream. eToro’s $12.1 billion in crypto revenue and strong IPO response suggest sustained interest from everyday investors, even as the crypto market matures. Platforms enabling this access are now being seen as viable long-term investments.

Will other crypto companies follow eToro’s path to IPO?

Yes, and many are already planning to. Kraken, Circle, and several other blockchain players are exploring IPOs. While some paused due to economic uncertainty, eToro’s successful listing may restore confidence. These firms see the public markets as a way to raise capital and increase legitimacy. If investor enthusiasm continues, we could witness a wave of crypto IPOs throughout 2025, bringing more transparency and growth to the sector.

How does eToro compare to Robinhood?

While both serve retail investors, eToro has a stronger focus on crypto and international markets. Robinhood’s share price fell during eToro’s IPO debut, suggesting investors might be looking for fresh opportunities. eToro also boasts higher crypto revenues and a broader global footprint. As the space evolves, platforms like eToro with diversified income streams and solid user engagement could outperform those sticking solely to traditional stock trading.

FEATURED

EVENTS

Days
Hr
Min
Sec
 

ICN TALKS EPISODES