DeFi· ★★★· neutral·

NEAR launches confidential Jio pre-IPO trading with up to 5x leverage

  • —Contract offers up to 5x leverage on Jio pre-IPO exposure
  • —Expected to convert into an equity perpetual after listing
  • —No share delivery or IPO allocation involved
Why it matters: Pre-IPO derivatives on private giants widen onchain access to private assets, though holders get no equity rights.
#NEAR
Source: The Defiant
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