Bitget, a leading crypto exchange, is partnering with blockchain-native mobile network Jambo to raise funds for a satellite launch. Jambo aims to raise $5 million through a token sale to fund its satellite launch and expand access to decentralized services. Bitget will help Jambo build satellite infrastructure through its LaunchX platform. The partnership allows Jambo to fulfill its goals, including launching its native token 'J' through Bitget. The launch could also boost Bitget's reputation and demand for its BGB token. However, the $5 million raised may not be enough to cover the costs of the satellite launch, so Jambo may need additional funding.
Content Editor ( beincrypto.com )
- 2025-01-17
Bitget Partners With Jambo to Fund Telecom Satellite Launch
