Amazon Web Services (AWS), the e-commerce giant's cloud computing unit, has announced its partnership with Cronos Labs, the firm behind the Cronos blockchain, to boost the blockchain and Web3 adoption.
Cronos network's native token, CRO, jumped 8% within just an hour of the announcement.
- The partnership will aim to support the growth of Web3 startups and early-stage entrepreneurs through the Cronos Accelerator Program.
- The two firms will jointly help Web3 startups scale and grow their projects.
- The collaboration will also allow the Cronos ecosystem
to benefit from the AWS Activate program that provides eligible
startups with free tools, resources, and content designed to simplify
certain startup-specific processes.
- The partnership will basically offer startups access to AWS' resources and Cronos Labs' expertise in developing blockchain.
- AWS also has partnerships with several other Web3-related firms, including Ava Labs, Chainlink, and VeChainThor.
