Jio Platforms trades on crypto rails ahead of its record IPO

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Jio Platforms, a subsidiary of Reliance Industries, is already trading on crypto platforms before its stock market listing, through a perpetual futures contract JIOUSDT launched by Bitget on October 14, 2026. This synthetic derivative product, offering leverage up to 20 times, allows traders to bet on the company’s expected valuation without conferring any voting rights, dividends or claim on the company. The IPO aims to raise approximately 30,200 crore rupees, or 3.1 to 3.2 billion dollars, with an implied valuation of 10.3 lakh crore rupees, approximately 106 to 108 billion dollars. The subscription period is scheduled from October 21 to 23, 2026, and shares are expected to list on the Bombay Stock Exchange and the National Stock Exchange on October 28. This initiative introduces a continuous market signal accessible to anyone with a Bitget account, even before the official order book opens.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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