Bitget’s Jio Futures Contract Implies a $110 Billion IPO Valuation
Photo: TokenPost
A Bitget futures contract tied to Jio Platforms implied a value near $110 billion on Oct. 22, giving investors a derivatives-market gauge as the Indian telecom and digital-services company’s public offering approached its final day. JIOUSDT, a Tether (USDT)-settled perpetual contract, traded around $12. Applying that price to Bitget’s estimated share count of 9.21 billion yields an implied value of roughly $110 billion. The estimate is a market signal from a derivative, not a price for Jio shares. Bitget lists the share count for reference and does not guarantee it matches the company’s eventual total.
Source: TokenPost
