A Bitget futures contract linked to Jio Platforms suggested an implied valuation of about $110 billion on October 22, just before the Indian telecom giant's IPO closed on October 23. The contract, which trades with leverage and does not confer ownership, provides a market-based gauge of investor interest ahead of the offering. Jio's IPO, priced between ₹1,065 and ₹1,119 per share, saw bids exceed five times the available shares by October 22, with the retail portion fully subscribed. If priced at the low end, the IPO would surpass India's largest 2024 offering so far, highlighting strong demand for Jio Platforms, a subsidiary of Reliance Industries.
Bitget’s Jio futures contract valuation is the subject, with Pluang market data providing context as of Oct 23, 2026 04:03 WIB. For readers following cryptocurrency trends, here is Pluang's market snapshot: out of 50 major cryptocurrencies, 4 rose and 45 fell today. Notable movers include ADA (Cardano) at Rp3.793 with a -7.76% change and a typical hold time of 127 days, ONE (Harmony) at Rp25 with a -7.57% change, and ENJ (Enjin Coin) at Rp475 with a -7.46% change. The most notable figure is ADA's 71% sell order activity on Pluang.
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