Google Cloud Incorporates 11 Blockchain Companies Into its Web3 Startup Program

Google had a complex relationship with blockchain and cryptocurrencies in the past, but any negative sentiment appears to have scattered. The company used to have a cautious stance on the cryptocurrency market and even did not permit cryptocurrency advertising on its platform.

But all that seemed to have faded away as Google started embracing Web3 and cryptocurrency projects. According to the latest updates, Google’s parent company, Alphabet, has broadened the Google for Startups Cloud Program. 

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Google Cloud expands collaboration to 11 crypto firms

The latest updates till April 25 reveal that the startup program includes web3 companies like Alchemy, Aptos, Base, Nansen, Near, Polygon, Solana, Celo, Flow, Hedera, and Thirdweb. Crypto analytical platform Nansen has also recently taken to their Twitter account to discuss the new collaboration.

Thanks to the collaboration, Nansen will be aiding Google Cloud in providing real-time blockchain data. Alex Svanevik, CEO of Nansen, stated that: “Nansen is thrilled to join forces with Google to offer the next generation of web3 builders the highest quality blockchain data for their needs.”

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There are currently two products by Google Cloud for web3 startups. Pre-seed firms can get up to $2,000 in Google Cloud credits valid for two years. Seeded firms can get up to $3 million in funding from Polygon Ventures. Additionally, seeded startups can also receive $200,000 over two years for Cloud and Firebase and $12,000 in Google Cloud Enhanced Support credits.