Jio Platforms Launches Its Blockchain-Based Reward Token Jio Coin Targeting the Indian Market

Jio Platforms, Reliance's tech subsidiary, had joined hands with Polygon Labs to introduce Web3 technology to India. This paved the way for the Reliance Industries

Jio Platforms, the tech subsidiary of Reliance, has joined hands with Polygon Labs to introduce Web3 technology to India. This initiative paved the way for Reliance Industries to unveil Jio Coin, India’s homegrown digital currency.

The company has unveiled this virtual coin, but it has made suspense on coin’s specific features and uses, which sparked major curiosity among the people.

Moreover, Reliance Industries, led by Indian billionaire Mukesh Ambani, has maintained silence on its newly introduced Jio Coin. This left the business community and cryptocurrency enthusiasts in speculations.

“JioCoins are blockchain-based reward tokens that users can earn by engaging with different mobile or internet-based apps as decided by Jio Platforms Limited (JPL) using their Indian-based mobile numbers,” says the FAQ section of the Reliance.

Latest Price And Market Capitalization

According to “Wallet Investor“, as of May 5, 2025, the price of 1 Reliance JIO coin is Rs 23.300942. Moreover, the market capitalization of this digital currency is Rs 40,929,444, with an available supply of 1,908,130 tokens. However, the website didn’t specify its 24-hour trading volume, and the percentage change over the last 24 hours.

Last time we reported on May 1, 2025, the price of 1 JIO Token was Rs 23.538038. Its market capitalization was Rs 41,345,916, with an available supply of 1,908,130 tokens, as per the “Wallet Investor”.

Easy Steps To Earn Reliance Jio Coin And Its Uses?

The Jio Coins may be used for various purposes, which include mobile recharges, shopping discounts, and more, as per the media reports. Furthermore, people can earn JioCoins through multiple Jio apps, including Jio Sphere, Jio Mart, Jio Cinema, and My Jio.

How To Earn?

People can also earn JioCoins by simply using the JioSphere web browser on their device. This can be done on an Android phone, iPhone, Windows PC, or MacBook.

Individuals can also earn Jio coins through Jio apps like JioSphere, Jio Mart, Jio Cinema, and My Jio.

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