May 13 (Reuters) - eToro 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 stock and cryptocurrency trading platform has offered

11.92 million shares at $52 apiece, above its target range of

$46 to $50.

The stock is expected to begin trading on the Nasdaq Global

Select Market under the symbol "ETOR" on Wednesday, May 14.

Founded in 2007, the Israel-based company previously tried

to go public through a merger with Betsy Cohen-backed special

purpose acquisition company (SPAC) at a $10.4 billion valuation.

However, the plan fell through in 2022.

In September, eToro agreed to limit its U.S. crypto

offerings to bitcoin, bitcoin cash and ether to settle charges

with the Securities and Exchange Commission that it operated as

an unregistered broker and unregistered clearing agency.

Goldman Sachs, Jefferies, UBS and Citigroup are the lead

underwriters for the IPO.