Markets· ★★★· neutral·

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