E-commerce giant Amazon continues to increase its engagement with cryptocurrencies.
In this context, Amazon's cloud computing subsidiary Amazon Web Services announced today that it has partnered with Cronos (CRO).
Amazon solidifies its place in the crypto money industry with its partnerships.
"Excited to work with Amazon Web Services to support the growth of Web3 initiatives through the Cronos Accelerator Program," Cronos said on Twitter.
The Cronos ecosystem will benefit from the AWS Activate program to assist startups and startups.
Amazon said in a statement:
"Amazon Web Services (AWS) works with Cronos Labs to support the scale and growth of Web3 startups through the Cronos Accelerator Program for developing DeFi, GameFi, SocialFi, and Infrastructure applications."
After this partnership with Amazon, there was an upward movement in the price of Cronos. CRO, which has increased by approximately 9% after the news, continues to be traded at $ 0.0725 at the time of writing, with an increase of 10% in the last 24 hours.
*Not investment advice.