The Kava Network announced via Twitter on Thursday that it has partnered with Akash Network, an open peer-to-peer marketplace for cloud resources. The partnership is designed to advance decentralized infrastructure. Thanks to this partnership, Akash will spend $1M+ on Kava Validators, and the Akash Network Decentralized Cloud will also launch for Kava validators.
Kava aims to become the default DeFi platform by providing stablecoins and decentralized lending against all major crypto assets. KAVA is down by 3% in the last 24 hours and is trading at $0.922 at press time.