Amazon Web Services, the cloud computing subsidiary of e-commerce giant Amazon, on Wednesday announced a partnership with Cronos, deepening its roots in the crypto space. Amazon keeps expanding its presence in the crypto, blockchain, Web3, and NFT areas considering major advancements in the future.
Traders immediately reacted to the announcement, with Cronos (CRO) price skyrocketing 8% in just an hour. The CRO price is currently trading at $0.075, up over 15% in the last 24 hours.
Amazon Web Services Partners With Cronos
Cronos in a tweet on April 26 revealed a partnership with Amazon Web Services (AWS) to support the growth of Web3 startups through the Cronos Accelerator Program.
AWS will work with Cronos Labs to support the Web3 startups to scale and grow through the accelerator program to develop DeFi, GameFi, SocialFi, and Infrastructure applications. Cronos chain’s ecosystem will leverage the AWS Activate program to help startups and early-stage entrepreneurs.
The partnership ai
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