Crypto NewsAltcoinChinese Giant Company Tencent Established a Partnership with This Altcoin, The Price...

Chinese Giant Company Tencent Established a Partnership with This Altcoin, The Price Moved!

Chinese giant Tencent has partnered with decentralized blockchain infrastructure provider Ankr.

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Partnerships in the cryptocurrency market continue to increase day by day. At this point, the latest partnership news came from decentralized blockchain infrastructure provider Ankr and the Chinese giant company Tencent Cloud.

According to the statement, Ankr has partnered with Tencent Cloud to launch its Web3 native product, Tencent Cloud Blockchain RPC.

It was stated that this partnership with Ankr aims to provide reliable Web3 infrastructure to Web3 users.

Tencent Cloud said its new product, Blockchain RPC, strives to provide a fast and robust blockchain node infrastructure solution, enabling developers to stay ahead in the rapidly evolving Web3 environment.

Tencent Cloud International Senior Vice President Poshu Yeung said:

“With the launch of our first Web3 native product, Tencent Cloud Blockchain RPC, we look forward to further demonstrating our commitment to the global Web3 community with partners like Ankr.

“At Tencent Cloud, we are well prepared and equipped to continue evolving to meet market needs and provide the best Web3-related features and services.”

Ankr Co-Founder and CTO Stanley Wu said:

“The launch of our partnership with Tencent Cloud is a pivotal moment for Ankr and demonstrates the strides the decentralized internet is making in integrating with the vital infrastructure of the wider web ecosystem.

“It paves the way for an era of accelerated development in blockchain applications, whether from emerging Web3 startups or established organizations, and creates a path for greater collaboration and innovation.”

After the partnership, Ankr's native token ANKR also increased by up to 8% and the price reached up to $0.01898. However, this rise was short-lived and ANKR gave up most of its gains, falling to $0.01747.

*This is not investment advice.

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