Google Cloud and Coinbase have announced a new, long-term strategic partnership on the growth of the Web3 ecosystem and its developers.
The partnership will see Coinbase selecting Google Cloud as a strategic cloud provider to build an advanced exchange and data services.
Through this partnership, Web3 developers can also access Google’s BigQuery crypto public datasets, which will be powered by Coinbase Cloud Nodes, across leading blockchains.
The integration will allow developers to instantly and reliably operate Web3-based systems without the need for expensive and complex infrastructure.
Coinbase will use Google Cloud’s powerful computer platform to process blockchain data at scale and enhance the global reach of its crypto services by leveraging Google’s premium fibre-optic network.
With more than 100 million verified users and 14,500 institutional clients, Coinbase has spent more than a decade building industry-leading products on top of blockchain technology.
Coinbase will also build its global data platform on Google Cloud’s secure infrastructure and leverage its leading data and analytics technologies to provide Coinbase customers with machine learning-driven crypto insights.