October 11, 2022
Coinbase is partnering with Google Cloud to provide services to Web3 users and developers. Coinbase will process blockchain data on Google Cloud and expand its cryptocurrency services with Google's fiber optic network, according to a press release.
Through the partnership, customers can pay for Google cloud using cryptocurrencies and access Coinbase Commerce, which allows business to accept cryptocurrency payments. Web3 developers can also access Google's BigQuery crypto public datasets, powered by Coinbase Cloud Nodes.
"We are excited Google Cloud has selected Coinbase to help bring Web3 to a new set of users and provide powerful solutions to developers," Brian Armstrong, co-founder and CEO of Coinbase, said in the release. "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. We could not ask for a better partner to help execute our vision of building a trusted bridge into the Web3 ecosystem."