Cronos Partners With Amazon’s AWS to Boost Institutional Tokenization and RWA Adoption
Cronos entered right into a strategic settlement with AWS, which may present robust help for builders whereas opening the door to potential monetary advantages.
Less than a 12 months in the past, the blockchain protocol struck an identical cope with Google Cloud.
The Terms of the Deal
According to a doc shared with CryptoPotato, the main blockchain protocol Cronos shook arms with Amazon’s cloud computing platform AWS to present builders with simpler entry to its AI instruments and infrastructure.
“Through this collaboration with AWS, Cronos is engaged on methods to make Cronos information out there by way of AWS Public Blockchain Data. The intention is to construct a trusted and reporting-ready pipeline that might help AI brokers with analytics and complicated queries, whereas providing monetary establishments a pathway to simplify workflows by means of reporting templates,” the announcement reads.
Additionally, AWS will present chosen Cronos builders with up to $100,000 in AWS credit per startup. The funding is meant to assist early-stage tasks scale DeFi protocols, RWA platforms, and AI-powered purposes constructed on Cronos.
Speaking on the partnership was Mirko Zhao (Head of Cronos Labs), who believes the subsequent progress cycle will likely be outlined by tokenization and real-world belongings. He assured that his entity has the inspiration to help that improvement, whereas the collaboration with AWS extends its capabilities. For their half, a consultant from Amazon Web Services stated:
“Financial establishments require sturdy, safe, and compliant expertise options as they discover modern approaches to asset tokenization.
By leveraging AWS’s sturdy safety controls and compliance frameworks alongside Cronos’s blockchain expertise, we’re enabling each modern startups and established establishments to construct tokenization options that meet the very best requirements of safety and regulatory necessities. We’re excited to help Cronos’ imaginative and prescient for institutional-grade tokenization whereas making certain enterprise-grade safety and compliance.”
The deal comes shortly after Cronos unveiled its 2025-2026 roadmap, which outlines a technique to strengthen the entity’s place as a alternative for establishments. The core targets of the initiative embrace distributing DeFi companies to greater than 150 million customers by way of the trade Crypto.com and rising demand for CRO by means of ETFs and treasury integrations.
The Previous Similar Partnership
Towards the top of final 12 months, Cronos Labs teamed up with Google Cloud, one other cloud computing supplier. The collaboration is designed to strengthen Cronos’ accelerator program, driving progress and innovation throughout its ecosystem.
According to the phrases of the settlement, Google Cloud joined Cronos’ 32 validators on the community’s Ethereum Virtual Machine (EVM) protocol, supporting startups within the Cronos Labs Accelerator and fueling broader developer engagement. Ken Timsit (Cronos Labs’ managing director) stated on the time:
“First, it enhances the safety and reliability of the entire community. Second, it makes the Cronos Accelerator program much more interesting to startups. Finally, it opens the door to the creation of a brand new era of modern decentralized purposes utilizing Google Cloud’s information processing, computing, and AI capabilities.”
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