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eToro Group IPO: Crypto and stock trading platform’s ETOR shares make Nasdaq debut today after delay

2 13
yesterday

The day has finally arrived for those hoping to get in on shares of crypto and stock trading firm eToro Group Ltd. The fintech company is holing its initial public offering, with its shares expected to begin trading on the Nasdaq Wednesday after a monthslong delay. Here’s what you need to know about eToro’s IPO.

eToro is a brokerage company. The fintech firm’s official name is eToro Group Ltd., and it offers a trading platform for people to buy and sell stocks, cryptocurrencies, and other assets.

In the financial services space, eToro’s more traditional competitors are the likes of Charles Schwab, Fidelity, and Vanguard. However, because eToro is a digital-first company, it more closely resembles other digital-first trading platforms like Robinhood.

But eToro has some differentiating features that set it apart from other trading platforms. The platform is perhaps most well-known for its “CopyTrader” feature, which allows eToro users to follow other traders and mimic their trades. The idea behind this feature is that it could help novice traders invest more successfully by replicating the moves of more seasoned investors.

Despite going public now, eToro has actually been around for a while. The company was originally founded in 2007. It is headquartered in Tel Aviv,........

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