Robinhood Rival EToro, Backers Seek $500 Million in US IPO (2)

EToro Group Ltd. and some of its shareholders are seeking to raise as much as $500 million in a US initial public offering, after the trading and investment platform paused its listing plans amid tariff-related stock volatility.

The Israel-based company and some of its shareholders are offering 10 million shares for $46 to $50 each, according to a filing Monday with the US Securities and Exchange Commission. At the top of the price range, EToro would have a market value of about $4 billion based on the outstanding shares listed in its filing.

EToro is offering 5 million shares in ...