Amazon goes one step further to embrace the crypto world. If until recently, they were pretty passive when it came to putting their name next to cryptocurrency startups and companies, now this is the stage. Alliance with Bit2MeThe first crypto company to be recognized by the Bank of Spain.

The agreement is between Amazon Web Services and Bit2Me, and companies using the latter’s utility token will have access to the Activate program, which includes: Up to $100,000 in credits for use on AWS web servers. An alliance between the Spanish cryptocurrency benchmark and an Amazon Web Services that continues to seek to expand the initiatives they will collaborate with.

Amazon is always looking for new customers: now crypto startups too

According to the two companies, this “collaboration will help startups create and technologically grow new solutions and pioneering products for the cryptocurrency industry.” In addition to cooperation, During 2022, they will hold different events in Spain to attract and promote more startups from the crypto world.presumably from Spain and Latin America.

From Amazon Web Services Spain, they explain that they regularly collaborate with organizations and accelerators such as Lanzadera, SeedRocket, BIND 4.0 or Wayra, among others, and mutual funds such as Kibo Ventures, KFun or Adara Ventures. Now they will also do this with Bit2Me in the AWS Activate program, the first Spanish company to focus on the crypto scene, with which they have reached this agreement.

AWS has collaborated with platforms like Crypto.com in the past, but this is the first time we’ve seen such an active role in promoting the crypto ecosystem. In mid-2021, we learned that Amazon was exploring the possibility of creating its own digital currency, although it hasn’t listened to these rumors since.

We see the previous passive stance transforming into a pragmatic vision of the crypto ecosystem by treating this type of company like any other company. They are proud to have Amazon Managed Blockchain from AWS and remember: 25% of all Ethereum workloads run on AWS.

The company chosen in Spain to promote this crypto ecosystem is Bit2Me. in front of us largest Spanish company specializing in crypto, with its own icon and a user base of over 470,000. An exchange that seeks to position itself on the “friendly side” of the crypto ecosystem in terms of complying with multiple regulations and maintaining close contact with official institutions such as the Bank of Spain.

Interestingly, when he founded the company in 2015. Bit2Me chose Google for its servers because Amazon was not clear about allying with this crypto companyAccording to Leif Ferreira, the founder of Bit2Me. After a few years, his perspective seems to have changed.

Founded in 2014, Bit2Me has a transaction volume of 1,100 million Euros, has reached an agreement with Prosegur Crypto to store its funds and is working on the launch of Bit2Me Card. Card with MasterCard where you can pay in euros and virtual currency.

While the largest reference worldwide is Coinbase, this company from Spain emerged as a company with around 200 employees between its different offices. Bit2Me explains that its aim is to be a bridge between fiat money and the crypto world. At the beginning of February, they presented Bit2Me Launchpad, a tool that allows other companies to “tokenize” themselves and enter the blockchain ecosystem. Companies that are now encouraged to collaborate with Bit2Me can also directly participate in the Amazon Web Services Activate program.

AWS gains new customers for its platform and relies on the Spanish company’s criteria to select interesting projects. On the Bit2Me side, they manage to place their brands next to a giant like Amazon Web Services. Something from a cryptocurrency company is a pretty significant milestone. It’s an approach to the crypto world that we will predictably see more often as larger companies dare to take their chances.

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