Toro Group Ltd. saw its stock generate a 29% gain over its upped IPO price at the closing bell on Wednesday, in a strong trading debut for the mobile stock- and crypto-trading firm in one of the first major IPOs on Wall Street since the window abruptly shut for new issues last month.

Shares of eToro popped in their Nasdaq debut on Wednesday. The stock and crypto trading app raised almost $310 million in its IPO late Tuesday, selling shares above the expected range. IPOs looked poised for a rebound when President Donald Trump returned to office in January,

Crypto and stock trading platform eToro has seen its share price gain nearly 30% during its debut on the Nasdaq after the company made a last-minute boost to its initial public offering. Shares in eToro Group Ltd (ETOR) closed May 14 trading at $67,