Reliance Industries plans all-new share offering in Jio Platforms IPO worth up to $4.3 billion
The post Reliance Industries plans all-new share offering in Jio Platforms IPO worth up to $4.3 billion appeared on BitcoinEthereumNews.com. Reliance Industries is structuring the upcoming Jio Platforms IPO as an all-new share offering, meaning the company will issue only fresh equity rather than selling down existing stakes. The offering could raise up to $4.3 billion and value Jio Platforms at roughly $112 billion, according to market forecasts. What Jio is actually building Jio Platforms isn’t just a telecom play anymore. The subsidiary, which boasts over 500 million subscribers, has been quietly assembling a digital ecosystem that stretches well beyond mobile data plans. In October 2025, Jio partnered with Aptos, the Layer 1 blockchain, to deliver blockchain-based rewards to its massive user base. Then there’s JioCoin. The reward-based token has been in testing on Polygon since March 2026, integrated directly into Jio’s browser. The concept is straightforward: users earn crypto-bac