Aptos and Jump Crypto launch Shelby, a high-throughput cloud storage platform for Web3.

From Cointelegraph

June 24, 2025 11:56 am:

Aptos Labs and Jump Crypto collaborate to launch Shelby, a cloud storage network for Web3 and decentralized apps. The platform boasts high-throughput technology, chain-agnostic compatibility, and is designed for demanding use cases like AI and DePIN applications. Shelby aims to compete with industry giants like AWS, Azure, and Google Cloud.

Shelby offers developers cloud-like speed and remote access for tasks like streaming video and AI. The platform emphasizes scalability and performance, with a focus on ownership, pricing control, and program logic at the protocol level. Jump Crypto, part of Jump Trading Group, is actively involved in venture investing and blockchain projects.

Global data center power demand is set to double by 2030, driven by AI workloads. This trend underscores the need for scalable storage solutions to support rising data demands. Shelby’s AI data marketplaces enable quicker model training by providing relevant, real-time data to AI agents.AI-generated tokens experience a 34% surge, with ChatGPT gaining popularity in the AI sector.

Read more at Cointelegraph: Aptos and Jump Crypto Launch Shelby, a Web3 Cloud Storage Platform