Bitget Lists Jio Pre-IPO Futures With 20x Leverage Ahead of IPO
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- Bitget launches JIOUSDT pre-IPO perpetual futures with up to 20x leverage.
- Jio targets a ₹10.3 lakh crore IPO valuation, with shares priced at ₹1,065–₹1,119.
- Jio’s subscribers reached 533.3 million as its IPO could raise ₹30,200 crore.
Bitget has launched JIOUSDT pre-IPO perpetual futures, allowing traders to take leveraged positions linked to Jio Platforms’ expected valuation before its planned Indian stock market debut. Announced on October 14, the contract offers up to 20x leverage and settles in USDT.
Bitget CEO Gracy Chen said the launch brings Jio Platforms’ upcoming IPO into the derivatives market, giving traders an opportunity to gain early exposure to the Indian digital technology and telecommunications company ahead of its public listing. However, trading the contract does not confer ownership of Jio’s shares.
Bitget Opens Jio Pre-IPO Fut…
Read The Full Article Bitget Lists Jio Pre-IPO Futures With 20x Leverage Ahead of IPO On Coin Edition.
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