Mukesh Ambani’s Jio Platforms Ltd a unit of Reliance Industries has reportedly launched JioCoin, a reward token, on the Ethereumlayer 2 network Polygon. However, no official announcement about JioCoin, but a lot of users have seen the reward token was mentioned on JioSphere, a browser that works with both iOS and Android smartphones.

This comes in the background of the RBI expressing concerns over any privately held 'virtual coins' and cryptocurrency continuing to remain a subject of debate among India’s policymakers. Globally, though,

Reliance Jio's rumored cryptocurrency, JioCoin, has stirred public interest, but the company has yet to issue an official confirmation about its launch. Speculations suggest JioCoin might integrate blockchain technology for rewards or transactions,

Reliance Jio launches JioCoin on Polygon, rewarding users via JioSphere browser for engaging with its ecosystem.

Jio Platforms Ltd (JPL) a technology company and a subsidiary of Reliance Industries Limited, has entered a strategic partnership with Polygon Labs, t.

Reliance Industries’ (RIL) digital arm Jio Platforms, which operates the country’s largest telecom operator Reliance Jio, has partnered with blockchain company Polygon Labs to offer Web3 capabilities to its existing applications and services.

Reliance Jio quietly launches JioCoin, a Polygon-based blockchain reward token aimed at engaging users through its ecosystem.

Reliance Jio partners with Polygon Labs to launch Web3 in India. POL token surges as blockchain adoption grows with innovative partnerships.

Indian telecom giant Jio Platforms, owned by billionaire Mukesh Ambani, launched its reward-based token, JioCoin, on the Polygon network. On Jan. 16, users on X noticed JioCoin integrated into Jio’s proprietary JioSphere browser.