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/

Market Stats:
BTC Dominance: 57.29%(+0.26%/24h)
ETH Dominance: 13.66%(-0.11%/24h)
Defi Market Cap: $160.62B(+19.82%/24h)
Total Market Cap: $3993.71B(-0.86%/24h)
Total Trading Volume 24h: $164.75B(+27.05%/24h)
ETH Market Cap: $545.62B
Defi to ETH Ratio: 29.44%
Defi Dominance: 3.92%
Altcoin Market Cap: $1705.67B
Altcoin Volume 24h: $116.84B
Total Cryptocurrencies: 36048
Active Cryptocurrencies: 9487
Active Market Pairs: 110796
Active Exchanges: 850
Total Exchanges: 11077
BTC: 114851.37$(0.02%/1H)
ETH: 4521.01$(-0.21%/1H)
AVAX: 28.83$(-0.05%/1H)
BNB: 917.54$(-0.47%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.87$(-0.18%/1H)
DOT: 4.18$(-0.34%/1H)
UNI: 9.16$(-0.09%/1H)
CAKE: 2.46$(-0.43%/1H)
SUSHI: 0.77$(-0.37%/1H)
ONE: 0.01$(-0.64%/1H)