Crypto Exchange Prices Jio Ahead of India's Largest-Ever IPO
Traders on Bitget are valuing Reliance's Jio Platforms above its IPO price band through a pre-listing futures contract, as crypto venues expand into price discovery for traditional assets.
AfroEuropa Newsroom
AfroEuropa desk
Traders on the crypto exchange Bitget have been pricing Reliance Industries' Jio Platforms at roughly $110 billion through a pre-IPO perpetual futures contract, according to BitKE. That figure sits about 3.8% above the $106 billion valuation implied by the upper end of the IPO's price band.
Jio's share offering, worth $3.2 billion, is described by BitKE as India's largest-ever, with a three-day subscription window running from October 21 to 23, 2026. The telecom and digital services company has more than 500 million subscribers and is central to Reliance's move toward consumer technology.
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