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+22 Cryptopulse 22 of 100, Leaning bullish.
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Crypto traders price India telecoms company Reliance Jio’s IPO at about $110 billion

Crypto traders price India telecoms company Reliance Jio’s IPO at about $110 billion
Photo: Harris de Weerd / CC BY-SA 4.0 / Wikimedia Commons
AI summary

Crypto traders on Bitget are pricing Reliance Jio's pre-IPO contract near $12, about a 4% premium to the top of the price band, implying a roughly $110 billion valuation for India's largest public offering. The offering remains open for subscription. The signal is a niche crypto-market read on a traditional IPO rather than a direct driver of crypto prices.

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