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Tencent Joins Web3 Race, Partners with Blockchain Firms

Published 02/23/2023, 08:30 AM
Updated 02/23/2023, 08:30 AM
© Reuters.  Tencent Joins Web3 Race, Partners with Blockchain Firms

© Reuters. Tencent Joins Web3 Race, Partners with Blockchain Firms

  • Chinese tech giant Tencent has partnered with Ankr, Avalanche, Scroll, and Sui blockchains for developments in the Web3 ecosystem.
  • Tencent Cloud is also moving into the metaverse, unveiling a metaverse-in-a-box product for Web3 developers.
  • The announcement follows a string of major players, including Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOGL) making bets on Web3.
Global internet and technology company Tencent entered the decentralized Web3 race, announcing partnerships with blockchain firms, including Ankr, Avalanche, Scroll, and Sui.

Tencent Cloud, the computing subsidiary of the Chinese tech giant, has announced that it will actively support the development of Web3 products and contribute to the sustainable development of the global Web3 community.

In its press release, Tencent Cloud announced several collaborations with several blockchain firms, including Ankr, Avalanche, Scroll, and Sui. All partnerships...

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