NewsNewsDetails
Jio IPO News: Bitget Launches 24/7 Futures Trading Before Listing on Reliance Jio
Coinpedia
1h ago
Ai Focus
The crypto exchange Bitget has launched a JIOUSDT perpetual futures contract, which is linked to the previous valuation of IPO by Reliance Industries' digital services department Jio Platforms. The CEO of Bitget stated that this is the world's first perpetual futures contract related to an Indian company. Traders can go long or short on its implied valuation in the 24 hours before the contract is listed on Jio; the contract is settled in USDT and does not grant the holder ownership of the Jio stocks.
Helpful
No.Help

Jio IPO Message: Bitget Launches 24/7 futures trading before listing on Reliance Jio

The crypto exchange Bitget has launched JIOUSDT, which is a perpetual futures contract linked to the pre-listing valuation of Jio Platforms. Jio Platforms is the digital services department under Xinshi Industry ( Reliance Industries ).

Bitget The Chief Executive Officer announced the launch of this product, stating that it is the world's first IPO perpetual contract related to an Indian company on a global exchange.

This product allows traders to engage in long or short trades on its implied value for 24 hours a day, before Jio officially enters the stock market.

According to the aforementioned announcement, Jio Platforms is preparing for its initial public offering (IPO), with an expected raise of about $3.5 billion and a valuation of around $106 billion. If successful, this will become the largest IPO in Indian history.

This contract settles with USDT, but does not grant the holder any ownership of the Jio stocks.

Tip
$0
Like
0
Save
0
Views 22
HKWDB reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”，and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
Ledger Launches a Smartphone-like " Atom " Wallet to Cope with the CryptoBilis Supply Chain Controversy
Ledger indicates that a new device is being developed that resembles a smartphone more than a traditional wallet. Atom is planned to be launched in the middle of 2027 and will be capable of running applications such as WhatsApp, Instagram, and TikTok. It will also allow for switching between regular phone functions and digital asset protection mode. The company states that this device will feature anti-tampering design to address the security risks posed by recent CryptoBilis supply chain attacks.
CoinDesk
·2026-10-15 20:05:44
14
OrbiMed Raises $3 Billion from Global and Asian Private Equity Funds
OrbiMed indicates that $3 billion in committed funds have been raised for two new private equity funds. Of this, OrbiMed Private Investments X has raised over $1.9 billion, and OrbiMed Asia Partners VI has raised over $1 billion. These funds are to be invested in life science venture capital opportunities in the United States and Europe, as well as venture capital and growth opportunities in the healthcare sector in Asia.
PR Newswire
·2026-10-15 19:57:51
13
Ledger Adjusts wallet sales rules due to cryptocurrency theft incident
Ledger announced on October 15th that due to attackers implanting hidden electronic components in genuine cryptocurrency wallets, stealing user recovery phrases, and transferring funds, the company has tightened the sales rules for authorized dealers and suspended sales in Southeast Asia and Hong Kong. Ledger stated that its internal systems, operating software, and security chips were not affected, and the investigation is still ongoing.
crypto.news
·2026-10-15 19:57:48
15
Ethereum currently trades at $2,362.73, down by about $1,625 this year.
At 7:15 a.m. Beijing time today, the current price of Ethereum is $2,362.73, which is a decrease of $141.47 from the previous day and about $1,625 lower than it was a year ago. The article also introduces Ethereum's market position, price history, staking mechanism, factors affecting prices, and methods of purchase.
Fortune
·2026-10-15 19:57:44
18
Elon Musk claims that memory manufacturers generally charge exorbitant prices, with only Micron offering reasonable pricing
Elon Musk stated on X that current memory manufacturers generally charge exorbitant prices, with only Micron maintaining reasonable pricing, and claimed that this helps to win long-term customer loyalty. He also previously mentioned that Tesla's AI5 / AI6 chips will reduce the capacity of the accompanying DRAM.
The Block
·2026-10-15 19:57:43
19
View More
Latest from Author
Refresh
arrow
UNI Price still has room to rise after breaking through Q3
UNI Price still has room to rise after breaking through Q3
09-26 23:49   428peopleViews
Pepeto Pre-sale breaks through $11.08 million ADA Up 28% HYPE Sets a record
Pepeto Pre-sale breaks through $11.08 million ADA Up 28% HYPE Sets a record
09-26 21:59   329peopleViews
Foreign media: Tom Lee claims there is still room for upward movement in the crypto market
Foreign media: Tom Lee claims there is still room for upward movement in the crypto market
09-26 14:36   380peopleViews
Recommended