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Jio platforms joins crypto space with JioCoin launch
Jio Platforms introduced JioCoin, a reward token developed on the Polygon blockchain, on January 16.
Users on the social media platform X reported its integration into JioSphere, Jio’s web browser.
This launch marks Reliance Industries’ entry into the virtual currency field.
The launch occurs amid ongoing debates about cryptocurrencies in India.
Regulators, including the Reserve Bank of India, have raised concerns about privately issued digital currencies, despite growing global interest in blockchain technology.
Recent Jio Platforms developments
| Timeline |
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13-Aug-2020 📈 Jio Platforms continues to take the lead in Asian fundraising in July
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13-Jul-2020 📈 Jio Platforms snaps up $97m from Qualcomm
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19-Jun-2020 📈 Jio Platforms welcomes $1.5 billion from Saudi Arabia’s sovereign wealth fund
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16-Jun-2020 📈 Jio Platforms raises nearly $14b in 2 months
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| 15-Jun-2020 💰 Jio Platforms attracts another $850m from TPG, L Catterton |
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