CryptoMarkets

Crypto traders price India telecoms company Reliance Jio’s IPO at about $110 billion

Summary

Cryptocurrency speculators are trading pre-IPO contracts for India's major telecommunications firm Reliance Jio on Bitget. The current market price indicates a total company valuation of approximately one hundred ten billion dollars as the share subscription period remains ongoing.

The pre-IPO Jio contract on Bitget is trading near $12, a roughly 4% premium on the top price band, as India’s largest public offering remains open for subscription.

Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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