Native token ACH has spiked as cryptocurrency payments provider Alchemy Pay announced it has received a $10 million investment from market maker DWF Labs.
Alchemy Pay April 3th In a press release published on to speed up for the purpose of DWF Labs with strategic partnership by establishing 400 million dollars with valuation 10 million dollars reported the investment. With the investment in question, the company exited the South Korean market. to get a share conveyed their goals.
Alchemy Pay Ecosystem Leader Robert McCrackenthe company’s current situation Good somehow finance and South Korean crypto companies fiat money delivering its services that they aim to help their globalization expressed.
In the past days, enough to invest in companies from their activities snow DWF Labs Managing Partner Andrey Grachev He made the following statements on the subject:
We are excited to partner with Alchemy Pay as we continue to expand into the Korean market on their global expansion journey. Alchemy’s innovative solutions and commitments to bridge the gap between cryptocurrencies and traditional finance align with DWF’s economic vision. We are confident that the company will accelerate its growth in Korea and contribute to the adoption of Web3 technology.
With the announcement of the news Alchemy Pay local token ACH also short-term rise lived. CoinGecko according to data ACH, behind the statementn $0.0321 dollars from the band to 20% with close rise for $0.0381 rose up. ACH, with the retracement it experienced after the rise at the time of writing, $0.0359 traded at the level.