Jio Coin: Mukesh Ambani-led RIL's crypto entry? All about Jio Platforms’ partnership with Polygon Labs

Jio Coin: Mukesh Ambani-led Reliance Industries' technology subsidiary Jio Platforms recently announced a partnership with Polygon Labs, the developer arm of Polygon Protocols for its Web3 and blockchain debut in India. With this tie up, Jio's users will be able to make use of the Web3 advantages, it said in a statement.

Jio Coin : India’s richest person Mukesh Ambani-led Jio Platforms recently announced its partnership with internet technology company Polygon Labs . Ever since, the telco has made the announcement, ‘JioCoin’ has taken over the internet like a storm, with users sharing screenshots of the same.

Several users took to Twitter to share pictures of JioCoin despite the company not making any official announcement about the same. Bitinning CEO Kashif Raza also shared the same, speculating that JioCoin could eventually be used for services like mobile recharges or purchases at Reliance gas stations.

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