Is there an expected release date for a Zoho CRM JSON API?

Is there an expected release date for a Zoho CRM JSON API?

We've read in past discussions on this forum that you have been working on a new API version that will allow sending data in JSON format. From a reply at the Zoho Desk announcement for their new REST API last week, it also looks like you are working on it.
https://help.zoho.com/portal/en/community/topic/release-of-zoho-desk-rest-apis#2266000009580269

We are considering using your API to automatically insert into Zoho CRM client records created on our website but we could wait if a more modern JSON API will be released in the near future.

Thanks in advance for any info.