The CPO of Coinbase, the largest US crypto asset trading platform, said that Coinbase Cloud could become the Amazon Web Services (AWS) of crypto.
Surojit Chatterjee, product manager of Coinbase, talked about the company’s Coinbase Cloud solution. According to Chatterjee, this product could be the Amazon Web Services of crypto assets. Chatterjee also said that this product will “help developers build their apps faster.”
AWS is a subsidiary of e-commerce giant Amazon, which was founded 20 years ago. This product provides cloud computing platforms to individuals, firms and governments on a pay-as-you-go basis. AWS has now taken the lead in the cloud industry. Its major rivals are cloud services offered by technology giants such as Microsoft Azure and Google Cloud.
Chatterjee said the following in a recent interview with Forbes:
The CPO also highlighted that the acquisition of Coinbase Cloud (formerly known as Bison Trails) is another vital step in Coinbase’s transition to a “mature financial system”, adding: