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,

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.

UTC): This article has been updated to add a comment from eToro Australia’s Robert Francis. 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.