Etoro could set pricing on its original public offer (IPO) at a much higher level than the marketed range, said people who are familiar with the case, Bloomberg.

The company planned to offer 10 million shares for $ 46 to $ 50 each, based on a previous filing, but received significantly more demand than available shares, according to history.

IPO is set to price after the US market esson on Tuesday.

As with some others, the Israel-based company had paused its plans to list on the NASDAQ exchange in April in the middle of appalling markets that were the result of US President Donald Trump’s trade policy. Last week, however, Bloomberg reported that it continued with its IPO and became the first company to resume public plans. Among other delays of IPOs were StableCecoin Essuer Circle, Payments App Klarna and Ticket Platform Stubhub.

Etoro seeks to receive a $ 4.5 billion valuation, which is below the $ 10.4 billion valuation it applied in 2021 when it first tried to become public. It would shop during the ticket “Etor”.