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Crypto traders price Reliance Jio IPO at about $110 billion

CoinDesk reports that crypto traders are pricing India telecoms company Reliance Jio's IPO at about $110 billion, based on a pre-IPO contract on Bitget. The post states the pre-IPO Jio contract is trading near $12, a roughly 4% premium on the top price band, while India's largest public offering remains open for subscription.

Why “Unverified”

  • Reported by CoinDesk alone, with no second source or primary confirmation yet

1 independent source group across 1 post · evidence score 60/100. How labels work

What the sources claim

  1. Crypto traders price Reliance Jio's IPO at about $110 billion, per CoinDesk.

    “Crypto traders price India telecoms company Reliance Jio's IPO at about $110 billion”
    CoinDesk
  2. The pre-IPO Jio contract on Bitget is trading near $12, a roughly 4% premium on the top price band.

    “The pre-IPO Jio contract on Bitget is trading near $12, a roughly 4% premium on the top price band”
    CoinDesk
  3. India's largest public offering remains open for subscription.

    “as India’s largest public offering remains open for subscription”
    CoinDesk

Sources

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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-22 10:30 UTC. Labels are computed from the sources, not by the model.