Toro Group is planning to raise around $620 million in an upsized U.S. initial public offering (IPO) priced above market range, the company said on Tuesday.

The online trading firm, which lets retail users buy and sell stocks, commodities, cryptoassets, hopes to raise $620 million from much-anticipated Wall Street listing

If the stock market rally continues, other quality companies that had put their IPO plans on hold are likely to follow,” one expert said.