Cronos has announced an infrastructure partnership with Amazon Web Services to optimize asset tokenization on the Crypto.com-affiliated layer 1 blockchain, less than a year after landing a similar deal with Google Cloud. Native token CRO price flatlined below $0.20, under pressure from broader crypto market turbulence.
Cronos Labs team led by founder Mirko Zhao confirmed the announcement in a press release on Sept. 30, eyeing asset tokenization market share by attracting developers and making on-chain transaction data available via AWS Public Blockchain Data.
According to the official statement, the deal offers up to $100,000 in AWS credits per startup to help scale early-stage pilots for RWA platforms, DeFi protocols and AI-powered applications built on Cronos.
“The next growth cycle will be defined by tokenization and real-world assets. Cronos is uniquely positioned with distribution through Crypto.com, liquidity anchored in CRO and a roadmap that ties tokenization
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