Share this article
IOST Network's Token Surges Over 8% on Deal With Amazon Web Services
The network will use AWS' computing power, AI tools and decentralized internet architecture.
Updated May 9, 2023, 4:09 a.m. Published Mar 2, 2023, 10:31 a.m.
IOST, the native token of the IOST Network, surged by 8.65% after the company announced that it has struck a deal to integrate with Amazon Web Services (AWS).
IOST, which stands for Internet of Services Token, will look to enhance its decentralized finance (DeFi), non-fungible token (NFT), GameFi and web3 offerings by integrating with AWS' Web3 systems, according to an announcement.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The network will use AWS' AI tools and decentralized internet architecture, the announcement added.
Last month CoinDesk reported that Amazon Web Services had been looking to hire for several Web3-focused roles, with another report claiming that AWS is preparing to built its own NFT marketplace.
IOST is a native blockchain that was released to the public in 2018, it aims to achieve 100,000 transactions per second (TPS).
The IOST token is currently trading at close to 13 cents, rising from a low of 11 cents before the announcement was made. Trading volume is up 548% to $66 million, according to CoinMarketCap.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Meer voor jou
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
Wat u moet weten:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
