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Polygon market cap rises 20% post Jio partnership by Q1 2025 end?
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Reliance Jio•India•Polygon Labs•Web3•Mukesh Ambani•Asia•Jio Platforms•Indian•Polygon•Proof of Stake•PoS•Jio
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Reliance Jio Partners with Polygon Labs to Expand Web3 Adoption in India for 450 Million Users, Led by Mukesh Ambani
Jan 16, 2025, 04:08 AM
Reliance Jio, India's largest mobile network operator, has partnered with Polygon Labs to enhance Web3 and blockchain adoption across its services. This collaboration aims to integrate blockchain capabilities into select apps and services, potentially reaching over 450 million users. Mukesh Ambani, Asia's richest person and owner of Jio Platforms, is leading this initiative, which is expected to significantly impact the Indian digital landscape by leveraging Polygon's Proof of Stake (PoS) technology. The integration is already live, marking a notable step in Jio's expansion into blockchain technology.
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