Exchanges· ★★★· neutral·

Bitget Lists 20x Pre-IPO Perpetual Futures on Jio Platforms Ahead of India's Largest IPO

  • —JIOUSDT went live October 14 with up to 20x leverage and USDT settlement
  • —Jio targets a $106 billion valuation and roughly $3.1 billion raise, India's largest IPO
  • —Bitget uses an estimated 9.21 billion share count to imply a company valuation
  • —Pre-IPO perpetual volume grew from $2 million in March to about $12 billion in June
Why it matters: The contract tests whether crypto markets can forecast Indian IPO pricing ahead of the expected October 28 listing.
#USDT
Source: The Crypto Times
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