Jambo has formed a partnership with OKX, a leading global crypto exchange and Web3 technology company. This collaboration is a crucial component of the web3 mobile stack and aims to expand access to the digital economy in emerging markets through next-generation Web3 and mobile technology. OKX Ventures, the investment vehicle of OKX, facilitates this initiative. Both companies share the common goal of bringing Web3 technologies to a wider audience.
Exciting news! OKX Ventures is investing in Jambo to enhance access to Web3 technologies and drive adoption. This collaboration will boost financial inclusion and empower individuals to embrace Web3 tools.
The partnership combines OKX’s exchange and wallet functionalities with JamboPhone, an affordable mobile device designed for emerging countries. This integration allows users to access a wide range of trading, non-custodial services, including over 200,000 currencies across 90+ chains and decentralized applications, making it the largest encryption market.
JamboPhone specifically addresses the challenges faced in emerging economies, where a significant portion of the population lacks access to traditional financial services and smartphones. Through the partnership with OKX, Jambo aims to provide secure, user-friendly, and accessible Web3 mobile solutions to millions in these regions. This collaboration will further empower individuals to participate in the growing digital economy and promote broader financial inclusion.
The co-founder of Jambo has expressed enthusiasm for the potential impact of this partnership. In many emerging markets, smartphone sharing among family members limits private use. Introducing JamboPhone can revolutionize lives by providing consistent access to digital resources. By embedding OKX within the Jambo ecosystem, customers in these areas can easily and safely interact with the digital economy.
For OKX, this collaboration with Jambo is a significant step towards bridging the digital divide in developing markets. By offering affordable and accessible technology, they hope to enable more people to participate in the digital economy, ultimately promoting financial inclusion and driving economic growth.
This partnership has the potential to transform how individuals in these regions engage with the digital world. As Web3 technologies become more accessible and practical for everyday use, it will significantly increase participation in the digital economy and drive overall growth.
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OKX
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