Techub News reported that, according to Coindesk, the online brokerage firm eToro, which specializes in Crypto Assets and stock trading, raised approximately $310 million in its IPO in the United States, pricing above the previously advertised range. The company issued 6 million shares at a price of $52 per share, valuing the company at $4.2 billion. Previously, a fund under BlackRock planned to purchase up to $100 million worth of eToro shares at the IPO price. The IPO documents indicate that eToro's net profit for 2024 is projected to be $192 million. This IPO is led by Goldman Sachs and eToro shares are expected to be listed on the Nasdaq Global Select Market under the code ETOR.