Crypto traders price India telecoms company Reliance Jio’s IPO at about $110 billion
Summary
Crypto traders are currently valuing the upcoming initial public offering for India's major telecommunications firm Reliance Jio at approximately $110 billion. Pre-IPO contracts for the company are trading on Bitget at around $12, which represents a small premium over the highest price band while the subscription period remains active.
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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