Photo: Coinbase
Nasdaq-listed crypto exchange Coinbase has formed a strategic partnership with Google Cloud to accelerate Web3 adoption and innovation. Through this partnership, Google Cloud will enable customers to pay for its cloud services via cryptocurrencies through Coinbase’s merchant payment platform Coinbase Commerce.
Google will also use Coinbase Prime for institutional crypto services such as secure custody and reporting. Coinbase claims to have over 14,500 institutional clients including some of the largest traditional financial firms.
See also: The Trump family is going all-in on crypto projects, from Bitcoin mining to stablecoins
Photo: Amber Group
Temasek-backed crypto services platform Amber Group has launched Amber Eco Fund, its first actively managed equity investment product. Anchored by a sovereign wealth fund and notable family offices in Asia Pacific, the programme focuses primarily on providing seed investments in early-stage companies in Web3, decentralised finance and blockchain games, among others.
Amber Eco Fund runs in tandem with Amber Labs, the firm’s incubation and research arm. Across all products and categories, Amber Group has turned over US$1 trillion in volumes since inception.