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Bitget launches pre-IPO futures for Jio Platforms, letting traders speculate on its $106B valuation before IPO.

Market News
15 Oct 2026
AMBCrypto
View Source
Neutral
Bitget launches pre-IPO futures for Jio Platforms, letting traders speculate on its $106B valuation before IPO.

Bitget introduced a pre-IPO perpetual futures contract named JIOUSDT for Jio Platforms, enabling traders to speculate on the company's valuation ahead of its IPO scheduled for October 28, 2026. The contract operates 24/7, settles in USDT, and offers up to 20x leverage, but does not grant ownership, voting rights, or dividends. This allows market participants to bet on Jio's potential $106 billion valuation, possibly India's largest IPO, before shares officially trade. However, risks include price divergence from the IPO, no shareholder benefits, and high liquidation risk due to leverage.

The Bitget listing of Jio Platforms pre-IPO futures is notable as traders can speculate on a potential $106 billion valuation. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 15, 2026 20:02 WIB: out of 50 major cryptocurrencies, 4 rose and 44 fell. VeChain (VET) declined 7.35% to Rp120 with a typical hold time of 148 days and a Pluang order activity of 1% Sell / 99% Buy, Zilliqa (ZIL) dropped 7.06% to Rp56 with 133 days hold time and similar order activity, and Harmony (ONE) fell 6.61% to Rp27 with 152 days hold time and a near even sell/buy split.

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