The initiative aims to ease enterprise and DePIN migration to decentralized systems
BK_graphic/Shutterstock and Adobe modified by Blockworks
Filecoin and Akave Cloud have introduced an S3-compatible object storage service designed to ease enterprise and DePIN adoption of blockchain-based storage.
According to a Filecoin blog post published on Tuesday, the launch addresses a long-standing barrier for institutions: the cost and complexity of migrating from centralized cloud providers such as Amazon Web Services or Google Cloud.
By offering compatibility with S3 application APIs, Akave Cloud allows organizations to integrate decentralized storage without overhauling existing systems.
The platform combines Filecoin’s Proof-of-Replication, which verifies that archives are correctly stored, with Proof of Data Possession, a new mechanism that proves hot data is immediately accessible.
This dual-layer model supports both archival and “warm” data use cases, enabling regulated backups as well as real-time applications such as AI training and analytics pipelines. All storage actions are immutably recorded onchain, providing auditability for compliance.
For DePIN projects and enterprises, Akave said that the four drivers of migration are lower storage costs, plug-and-play compatibility with cloud tools, onchain audit trails, and jurisdictional data sovereignty. The system employs encrypted, erasure-coded storage with redundancy designed to reach “11 nines” of durability.
The development comes as decentralized storage networks seek to differentiate from centralized hyperscalers by emphasizing cryptographic guarantees and regulatory alignment. While Filecoin has long been positioned as a decentralized storage marketplace, Akave’s drop-in S3 interface marks a strategic step to broaden institutional adoption.
This is a developing story.
This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication.
Get the news in your inbox. Explore Blockworks newsletters:
- The Breakdown: Decoding crypto and the markets. Daily.
- 0xResearch: Alpha in your inbox. Think like an analyst.
- Empire: Crypto news and analysis to start your day.
- Forward Guidance: The intersection of crypto, macro and policy.
- The Drop: Apps, games, memes and more.
- Lightspeed: All things Solana.
- Supply Shock: Bitcoin, bitcoin, bitcoin.
Decoding crypto and the markets. Daily, with Byron Gilliam.
Mon – Wed, October 13 – 15, 2025
Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.
Research
Figure, founded by former SoFi CEO Mike Cagney, has emerged as a leader in onchain RWAs, with ~$17.5B publicly tokenized. The platform’s ecosystem volume is growing ~40% YoY as it expands beyond HELOCs into student loans, DSCR loans, unsecured loans, bankruptcy claims, and more. Operationally, Figure cuts average loan production cost by ~93% and compresses median funding time from ~42 days to ~10, creating a durable speed-and-cost advantage.
news
Breaking headlines across our core coverage categories.
The stablecoin issuer makes its first HYPE token purchase as it signals deeper intentions within Hyperliquid governance
As part of the rollout, Symbiotic unveiled two staking vaults: a $100 million LINK vault and a 20 million BARD vault
New super PAC aims to safeguard US crypto leadership with transparency and innovation-focused backing