Cronos & AWS Team Up to Boost Blockchain's Impact on Institutional Markets
Cronos and Amazon Web Services (AWS) have joined forces to boost blockchain's impact on institutional markets and speed up the adoption of tokenized assets. The partnership aims to make tokenization and real-world assets (RWAs) more accessible to enterprises.
AWS will offer up to $100,000 in credits to select developers working on the Cronos network. This move supports the expansion of the Cronos ecosystem and encourages innovation in tokenization and digital finance.
Mirko Zhao, Head of Cronos Labs, believes that tokenization and RWAs are the key to the next growth cycle for blockchain ecosystems. Cronos aims to deploy $10 billion worth of tokenized assets and attract 20 million users by 2026. To achieve this, Cronos will integrate its blockchain data into AWS Public Blockchain Data, enabling AI-driven analytics and streamlined operational processes.
The Cronos-AWS partnership seeks to strengthen blockchain's relevance in institutional markets and accelerate tokenized assets adoption. By providing technological support and AWS credits, the partnership supports the growth of the Cronos ecosystem and the wider adoption of tokenization and real-world assets.
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