NEAR Soars 12% Following a Partnership With Alibaba..

The NEAR Foundation – a Switzerland-based non-profit organization behind the decentralized platform NEAR Protocol – has reportedly teamed up with the Chinese tech behemoth Alibaba Cloud to support the advancement of Web3 in Asia and the Middle East.

The price of NEAR – the native token of the ecosystem – reacted positively, spiking by over 12% shortly after the announcement.

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