Wise Plc is planning to list its shares in the US, the latest blow to London’s stock market. Shares jumped in early trading Thursday in London to their highest level since September 2021. Wise said the move will allow institutional and retail investors in the US to buy up its shares and noted many of them are currently unable to do so.

The money-transfer company plans to take its main listing to the U.S., the biggest market for its products, dealing another blow to the London bourse, which has been suffering over the past couple of years.