Blockchain startup Ava Labs Inc. has teamed with Amazon Web Services Inc. in a partnership that aims to accelerate enterprise, institutional and government adoption of blockchain.
Under the partnership, AWS will support Ava’s Avalance infrastructure and decentralized application ecosystem, including one-click node deployment through the AWS Marketplace. Avalance node operators can also run AWS GovCloud for FedRAMP compliance use cases. Ava Labs is also now a member of the AWS Partner Networks, allowing customers to deploy custom offerings on AWS.
Ava Labs plans to add Subnet deployment as a managed service in the AWS Marketplace, allowing users to launch custom subnets in a few clicks. The functionality will include a feature to distribute validators securing the Subnet across different regions and availability zones to improve robustness.
The partnership extends further, with Ava Labs and AWS now collaborating on events for entrepreneurs and developers, including Avalanche Summit, Avalanche Creates and hackathons. The collaboration aims to assist users in achieving their goals when building on Avalanche.
“It has been a huge boon for both individual and enterprise developers to be able to spin up nodes and test networks on the fly with AWS in whatever legal jurisdiction makes the most sense for them,” Emin Gün Sirer, founder and chief executive officer of Ava Labs, said in a post on Medium.
Howard Wright, vice president and global head of Startups at AWS commented that “At AWS, we are all about bringing the most cutting-edge technologies to builders… the new capabilities brought by Avalanche enable us to do just that.”
The announcement saw Avalanche’s native token AVAX increasing in value by 16.2%, according to Bitcoin.com. Ava Labs was last in the news in April when it raised $350 million on a $5.25 billion valuation. Investors include CMS Holdings, Dragonfly, Polychain and Republic Crypto.
It has been a difficult 12 months for companies in the blockchain and cryptocurrency space, which started with a new crypto-winter and more recently saw the collapse of FTX Trading Ltd. in November. While Ava Labs is not immune from broader market trends – the AVAX token is down 89% from its all-time, the deal with AWS is a vote of confidence as others in the space continue to struggle.