Stock and Crypto Ethoro (ETOR) trading platform shares at $ 52 a portion after the company hit the NASDAQ exchange on Tuesday night.
The company raised nearly $ 310 million from investors as it sold 6 million shares at a price of $ 52 a piece. The list appreciates the company for $ 4.2 billion.
The price was significantly higher than the marketplace, as the company received a higher demand than previously expected.
Ethoro became the first company to go public after a rough several months in markets throughout the US, as President Donald Trump was in discussions to make many tariff dealings with leaders around the world.
As a result, many companies, including Ethoro, have delayed going public, but Bloomberg reported last week that the trading platform was continuing plans.
The company is a merchant under the “ETOR” ticker.
