Cronos, the blockchain network behind Crypto.com, partners with Amazon Web Services (AWS) to help banks and financial companies bring traditional assets, such as stocks, real estate and funds, into the blockchain. The move highlights the growing push to merge blockchain, AI, and cloud technology with traditional finance.
Provides access to blockchain data
Under the partnership, Cronos blockchain data feeds AWS’ cloud tools, allowing developers to access off-the-shelf reporting systems and AI-powered analytics
Simply put, that means that banks and asset managers can experiment with tokenization and get a compliance-friendly data pipeline rather than building everything from scratch.
AWS is now extended up to $100,000 in cloud credits to startups built in Cronos. Credit aims to mitigate infrastructure costs for early stage teams, allowing you to focus on scaling projects, from tokenization pilots to decentralized finance platforms and AI-powered financial tools.
Chronos’ institutional roadmap
The announcement comes after Chronos unveiled its roadmap for 2025-2026.
The plan calls for a dedicated tokenization platform for assets including stocks, real estate and insurance, along with efforts to expand Defi access to Crypto.com’s 150 million users.
Recent upgrades have reduced block time to 0.5 seconds, reduced fees by 10 times, and promoted a 400% surge in daily trading.
By 2026, Cronos aims to reach $10 billion in tokenized assets and 20 million users on a centralized and decentralized platform.
“The next growth cycle is defined by tokenization and real-world assets,” says Mirko Zhao, head of Cronos Labs. “The construction of AWS extends this foundation and provides a safe and scalable pathway for institutions to bridge traditional, decentralized finance.”
AWS repeated its message, highlighting its focus on security and compliance when financial companies flow into blockchain.
Why is this important?
Cronos and Amazon Web Services (AWS) partnerships could reduce barriers for banks and asset managers to experiment with blockchain technology. It also shows that cloud and AI providers have become key players in forming the next stage of digital finance.
Stay in the loop with DailyCoin’s hottest crypto news:
Future call to Swift: XRP, HBAR, or Linea’s on-chain crown?
Stellar (XLM) Explosion: $0.41 $1 Stop before Moonshot
People ask:
Cronos is a blockchain network backed by Crypto.com and is designed to support the tokenization of real assets (RWA) and distributed finance (DEFI). It aims to fill traditional finance and blockchain infrastructure.
Cronos is working with Amazon Web Services (AWS) to integrate blockchain data with AWS cloud tools. This allows developers to provide AI-powered analytics and off-the-shelf reporting systems.
RWA refers to traditional financial assets such as stocks, real estate, and funds that have now been tokenized and managed on the blockchain via Chronos.
This reduces technical and compliance barriers and allows financial institutions to experiment with tokenization without building complex infrastructure from scratch.