Ark Invest’s shares jumped on Tuesday after the company raised its initial public offer price.
Ark’s shares rose as high as 1,965 euro cents in early trading.
The company had originally set its IPO price at 8.4 billion euros ($9.2 billion).
Ark invested in the bitcoin mining hardware and has been trading on the Nasdaq since May, when the firm introduced its first-ever blockchain-based trading platform.
In August, Ark introduced its smart contract platform, Ark Token, which allows investors to buy and sell cryptocurrencies, with a fee of 10 percent.
Ark was founded in March 2014 by former Microsoft executive Andrew Raskin and former IBM executive Adam S. Miller.
Ark has more than 200 employees and is based in New York City.
It was founded by Miller and Rask in 2014 and has more recent investments in the cryptocurrency space.
The cryptocurrency industry has experienced rapid growth in recent years, with bitcoin prices rising by more than $100 in January.