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Cryptocurrency News Articles

Mukesh Ambani's Reliance Industries Has Launched Jio Coin to Bring Web3 Technology in India

May 16, 2025 at 07:06 pm

Billionaire Mukesh Ambani's Reliance Industries has left the business community and cryptocurrency enthusiasts in speculations since the launch of Jio Coin.

Mukesh Ambani's Reliance Industries Has Launched Jio Coin to Bring Web3 Technology in India

Billionaire Mukesh Ambani’s Reliance Industries has left the business community and cryptocurrency enthusiasts in speculations since the launch of Jio Coin. Jio Platforms, Reliance’s tech subsidiary, has partnered with Polygon Labs to bring Web3 technology to India, but the company has maintained a silence around its newly introduced reward token.

Jio Coin is believed to be India’s homegrown digital currency. However, the Reliance has not yet revealed the coin’s specific features and uses, which sparked the curiosity among the people.

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

Price And Market Capitalization Of Reliance Jio Coin

According to “Wallet Investor“, as of May 16, 2025, the price of 1 Reliance JIO coin is Rs 26.026066. Moreover, the market capitalization of this digital currency is Rs 45,716,280, with an available supply of 1,908,130 tokens. 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 12, 2025, the price of 1 Reliance JIO Token was Rs 25.833696. Its market capitalization of this digital currency was Rs 45,716,280, with an available supply of 1,908,130 tokens, as per the “Wallet Investor”.

Simple Steps To Earn?

As per the media reports, Jio Coins can be used for various purposes, including mobile recharges, shopping discounts, and more. Moreover, 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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Other articles published on Jul 23, 2025