Know about the OKX and Jambo integration: Unlocking Web3 devices for millions
SINGAPORE, May 23, 2024 (GLOBE NEWSWIRE) – OKX, a leading global crypto exchange and Web3 technology company, and Jumbo, a leading Web3 mobile infrastructure builder, today announced a partnership aimed at boosting the digital economy increase in emerging markets by integrating growth Web3 and mobile technologies.
This transaction follows an investment in Jumbo by OKX Ventures, the investment arm of OKX, whose shared mission is to increase penetration and drive adoption of Web3 technology.
The partnership will integrate the OKX app with the powerful Web3 Jambo Phone, which is priced competitively at US$99 and is optimized specifically for emerging markets. The phone is now available in over 120 countries.
The pre-installed OKX app on the Jambo Phone will give users easy access to advanced exchanges and unencrypted Web3 Wallet features, with 200,000+ currencies, 90+ networks, and thousands of Apps, including the broadest writing market.
Jumbo Phone aims to address some of the most pressing issues facing emerging markets, such as the highly unbanked population and limited access to smartphones, by integrating with OKX. Jambo takes a step further with Web3 mobile tools, which will be safe, easy to use, and readily available.
This empowers millions of users in emerging markets to consume the digital economy, creating greater financial inclusion.
Jambo co-founder James Zhang said:
“In many emerging markets, the whole family shares a smartphone, and a family member may only use it for a few hours.
Having a jumbo phone opens up new possibilities.” seeds – it’s like finding a new life. OKX is a direct Jambo ecosystem.” With our participation, we can allow users in emerging markets to safely and effectively engage in digital finance, which is a new way of financing that they could not have imagined previously.”
About OKX
OKX is an innovative global crypto exchange and Web3 company. Trusted by more than 50 million international users, OKX is known as the fastest and most reliable crypto trading application for traders everywhere.
About Jumbo
Jumbo’s vision is to bring a growing market to the series by building an extensive Web3 mobile infrastructure network. Jumbo is backed by some of the best investors in the world, including Paradigm, Tiger Global, Pantera, and Delphi.
Jumbo is onboarding the following billion users to web3 with the JamboPhone, the premier web3 Android smartphone starting from just $99, preloaded with the world of web3 at their fingertipsConclusion: The combination of OKX and Jambo represents an essential milestone in the evolution of Web3 tools, providing users with unprecedented access to cryptocurrency, decentralized finance, and other forms of social media.