Ethereum API Provider Alchemy Launches Venture Arm
Main page News, Blockchain, Ethereum, Blockchain-as-a-Service

Alchemy, a blockchain infrastructure provider, has announced the launch of a new arm designed to invest decentralized finance and Web3 products. According to a blog announcement, the so-called Alchemy Ventures will assist with the following tasks:

  • Direct access to Alchemy and its strategic partners (e.g. Andreessen Horowitz, Pantera Capital, Coatue).
  • Exclusive founder dinners and events to build connections and knowledge.
  • Access to the Alchemy Talent Network to help finding the best recruits in the industry.
  • Strategic mentoring to help with fundraising.
  • Access to Alchemy's products and support teams, including:
  • Alchemy’s full developer platform.
  • 24/7 enterprise-grade support and direct personal access to the Alchemy team.
  • Access to Alchemy Amplify to maximize product launch distribution.

The announcement comes after Alchemy raised $250 million in a Series C funding led by Andreessen Horowitz. The startup also attracted funding from other investors, including Coatue, Addition, DFJ, and Pantera, bringing the company's valuation at $3.5 billion.

Alchemy Reveals API for NFT Devs

Founded in 2017, Alchemy helps developers to build decentralized applications. The San Francisco-based company already offers services to such space giants as OpenSea, SuperRare, Aave, SushiSwap, MyEtherWallet, and others. Currently, the project is powering over $45 billion in transactions.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

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