ChainCatcher Teams Up with Alibaba Cloud for Web3 Infrastructure Boost

ChainCatcher and Alibaba Cloud have forged a strategic alliance to enhance Web3 infrastructure, specifically targeting the booming blockchain sectors in China and Southeast Asia. The partnership aims to provide startups with the necessary resources to advance innovation in the Web3 space, a move that is being seen as both significant and long-term. While the collaboration’s initial impact on the financial markets has been minimal, it marks a broader trend of cloud providers joining forces with blockchain companies.