Japanese investment giant SoftBank has earned a $300 million profit from its investment in Israeli fintech company eToro, following the company's recent IPO on Nasdaq. SoftBank's investment in eToro was estimated to be between $100 million and $150 million, with the fund currently holding shares reflecting a profit of about $300 million. The company's market cap has risen to $5.6 billion since the IPO.
image sourced from original article at https://en.globes.co.il/en/article-softbank-earns-300m-from-etoro-ipo-1001510900Original article source: https://en.globes.co.il/en/article-softbank-earns-300m-from-etoro-ipo-1001510900
Source Id: 8687275648
