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.

In a positive sign for initial public offerings, shares in eToro Group Ltd. closed their first day of trading up 29%, after the social trading and investment marketplace company’s shares debuted on the Nasdaq today.

Toro Group's (ETOR) upcoming initial public offering is likely to price higher than its marketed range of $46-$50 per share, as interest in the shares exceeds the 10M shares being offered, according to a media report published on Tuesday.