Crypto Traders Price Reliance Jio IPO at ~$110 Billion via Bitget Perpetuals
Current overview (not historical)
Crypto traders on the Bitget platform have valued Reliance Jio at approximately $110 billion through a newly launched perpetual futures contract, trading at a 3.8% premium to the company's IPO price cap. Since launching on October 14, the contract has seen around 369,000 contracts traded with a notional value of roughly $4.4 million, serving as a price discovery mechanism prior to the formal IPO. However, the instrument provides leveraged price exposure only and does not confer any shareholder rights. This marks a novel use of crypto derivatives to gauge traditional equity valuation ahead of a public offering.
Written with AI from the reporting · updated 10/22/2026
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- 1Unclassified fact stationOct 22, 18:24single sourcereport-time onlyrevised
Reliance Jio IPO 估值约 1100 亿美元，Bitget 永续合约交易显示溢价
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- Oct 22, 18:18
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- Oct 22, 18:24
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- CoinDeskRelated fact: single sourceFact occurrence time unverifiedSource report revisedCrypto Traders Value Reliance Jio at $110 Billion Ahead of IPO
Report first recorded Oct 22, 18:24
Crypto traders valued Jio Platforms at about $110 billion through a Bitget perpetual contract, which represents a 3.8% premium to the roughly $106 billion valuation implied by the IPO’s upper price band. The JIOUSDT contract debuted on Oct. 14 and has generated about $4.4 million in volume, offering price discovery before Jio’s shares begin public trading. Jio Platforms, the telecom and digital business of Reliance Industries, is undertaking the largest IPO in India’s history, seeking to raise about 302 billion rupees.
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