Web3 Infrastructure giant Alchemy has raised $200 million in investment in its last financing round, raising its valuation to over $10 billion.
Ethereum and Alchemy Insights Inc., which is the key player behind decentralized applications on other chains. the last to become a unicorn crypto- was an attempt.
Reaching a $3.5 billion valuation in October, the California-based company continued to grow.
The company, which received an additional investment of $ 200 million in the financing round led by Lightspeed Ventures and Silver Lake, reached a valuation of $ 10.2 billion.
B2B developer products from lchemy Insights Inc. OpenSea as NFT helping to support trading platforms.
CEO Nikil Viswanathan said in an interview that they are expanding globally with a team of 50 people, adding: “We’ve seen our user base grow by 300%.”
After hearing the news, investors who thought that it was the token of Alchemy Insights Inc. mistakenly bought a crypto currency called Alchemy Pay.
Taking advantage of the name similarity, the token jumped 8%.
*Not Investment Advice.