OKX-Jambo Partnership Set to Bring Web3 Mobile Tools to Millions of Users in Emerging Markets via App Integration
May 23 2024 - 12:20AM
OKX, a leading global crypto exchange and Web3 technology company,
and Jambo, a leading Web3 mobile infrastructure builder, today
announced a partnership aimed at enhancing the accessibility of the
digital economy in emerging markets by combining advanced Web3 and
mobile technologies.
This partnership follows a strategic investment in Jambo made by
OKX Ventures, the investment arm of OKX, with a shared mission of
enhancing access to Web3 technologies and driving adoption.
The partnership will involve integrating the OKX app with the
powerful Web3 JamboPhone, competitively priced at US$99 and
specifically tailored for emerging markets. The phone is currently
available in over 120 countries. The OKX app, pre-installed on the
JamboPhone, will provide users with seamless access to a
comprehensive suite of exchange and non-custodial Web3 Wallet
features, covering 200,000+ coins, 90+ networks, thousands of
dApps, the most extensive inscription marketplace, and more.
The JamboPhone aims to address some of the most challenging
issues faced by emerging markets, such as a large unbanked
population and limited access to smartphones. By integrating with
OKX, Jambo is taking a step towards bringing secure, user-friendly
and accessible Web3 mobile tools. This empowers millions of users
in emerging markets to navigate the digital economy, fostering
greater financial inclusion.
Co-founder of Jambo James Zhang said: "In many
emerging markets, an entire family shares one smartphone and a
family member can only use it for a few hours a day. Owning a
JamboPhone opens up new possibilities – it’s like discovering a new
life. By embedding OKX directly within the Jambo ecosystem, we're
making it easy for users in emerging markets to safely and
efficiently engage with the digital economy. The integration of OKX
into the JamboPhone is a game-changer for Web3 and digital
inclusivity, opening new pathways to economic
participation that were previously unimaginable."
About OKX
OKX is a leading global crypto exchange and innovative Web3
company. Trusted by more than 50 million global users, OKX is known
for being the fastest and most reliable crypto trading app for
traders everywhere.
To learn more about OKX, download our app or visit: okx.com
For further information, please
contact:Media@okx.com
About Jambo
Jambo's vision is to bring emerging markets on-chain through
building the largest web3 mobile infrastructure network. Jambo is
backed by the best investors globally including Paradigm, Tiger
Global, Pantera, Delphi and more.
Jambo is onboarding the next billion users to web3 with the
JamboPhone, a premiere web3 Android smartphone starting at only $99
preloaded with the world of web3 at their fingertips.
Learn more about the latest from Jambo on Twitter/X and purchase
your JamboPhone at https://jambophone.xyz !