Google Chooses Coinbase, Allows Cloud Payments With Crypto

  • Google strikes a deal with popular crypto exchange Coinbase. 
  • Coinbase will leverage Google’s cloud infrastructure.
  • Google will allow crypto payments for its cloud services with Coinbase.

Search engine Giant Google takes a big step to embrace crypto. Crypto users can now make cloud payments with cryptocurrencies via Coinbase. This iteration is now possible since Google decided to use Coinbase as its custody tool.  

In detail, Google is opening the chance for a certain subset of customers to pay for cloud services with cryptos. This service will be open to the users sometime in the earlier months of the coming year.

To highlight, Google made the announcement on Tuesday. This collaboration between Google and Coinbase seems to be a two-way street. In this give-and-take collaboration, Coinbase will leverage Google’s cloud infrastructure. 

More so, the announcement was made at Google’s Cloud Next conference. The tech giant hopes to draw in more cutting-edge companies into Google’s inner circle. In turn, it also shows its competitors that it is still very much working to up its game. 

After all, Google’s cloud business helps its parent Alphabet turn away from advertising. Presently, it accounts for 9% of revenue. This is a significant rise from its below 5% three years ago. Google and Alphabet continue to expand at a rapid pace.  

In particular, Google has taken many steps to embrace the rapidly growing sector of cryptocurrencies. So far, Google Cloud struck a partnership with Axie Infinity as a validator. As another example, Google also opened a web3 team to keep up with the growing pace of the crypto industry. Clearly, the team is doing a great job. As for Coinbase, the popular cryptocurrency exchange is on a league of its own. For instance, much of Coinbase’s revenue comes from retail transactions. Now, it will move its data-related application onto Google’s Amazon Web Services cloud.

disclaimer read more

Crypto News Land ( , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

A focused and vigilant storyteller for all things blockchain and cryptocurrency. Besides consuming every piece of literature about the metaverse, she can often be found at industry convections looking for the latest scoop.