
Crypto traders price Reliance Jio IPO at about $110 billion
- —Jio pre-IPO contract on Bitget trades near $12
- —Premium to top of price band is roughly 4%
- —Implied IPO valuation is about $110 billion
Why it matters: Tokenized pre-IPO contracts offer a crypto-market read on India's largest-ever listing before it prices.
Source: CoinDesk
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