Alchemy blockchain raised $80 Million to power the NFT industry

Published on: 29.04.2021

Alchemy, the “Amazon Web Service” of blockchain raised $80 Million.

The New York-based startup will use the funds to power up the non-fungible token industry.

Notable investors investment manager Coatue, Addition Capital, Glazer family, who own the Tampa Bay Buccaneers and Manchester United, and VC firm DFJ Growth.

Also participating in the funding round are The Chainsmokers band and actor Jared Leto. This brings the company valuation to $500 Million.

About Alchemy

Alchemy is the leading blockchain developer platform. Alchemy developed the platform that powers Dapper Labs, which launched some of the most successful NFT collections including CryptoKitties, and the wildly popular NBA Top Shot.

➡️Source:
https://techcrunch.com/2021/04/28/alchemy-raises-80m-at-a-505m-valuation-to-be-the-aws-for-blockchain/

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