NEAR launched Confidential Jio pre-IPO trading contract

NEAR ecosystem announces the launch of the Confidential Jio pre-IPO trading contract, allowing users to participate in the trading of related assets before Jio officially goes public.

The contract offers up to 5 times leverage, providing investors with a more flexible risk management tool. According to official statements, this product is expected to transform into an equity perpetual contract after Jio completes its IPO, thereby extending its trading lifecycle.

It is important to note that this contract currently does not involve the delivery of actual shares, nor does it provide IPO allocation quotas; its core positioning is focused on price discovery and risk hedging around pre-listing assets.