Mentioned:
RUM -7.40%

One of the biggest projects in crypto is partnering up with Rumble for cloud computing. But, why?

What’s happening:

  • Rumble (NASDAQ: RUM) has formed a new partnership with TRON DAO to provide them with cloud computing services for the TRON blockchain

Why it matters:

  • TRON is the leading network for Tether and hosts the single largest supply of USDT amongst all blockchains

Going deeper:

  • TRON DAO and Rumble will collaborate on building out the infrastructure required for a censorship resistant, large scale cloud computing platform that can handle exceptionally high traffic without needing to rely on a hyperscaler
  • Rumble has been quickly making moves to expand into crypto and digital assets, which has been fuelled by Tether’s $775M USD strategic equity investment into the company

The intrigue: