Web3 infrastructure provider Alchemy procures $ 250 million in financing round led by A16Z-Finance
Web3 infrastructure provider Alchemy procures $ 250 million in financing round led by A16Z-Finance
Alchemy, one of the leading infrastructure providers for blockchain and web3, has raised $ 250 million in its financing round of the Collar series, which corresponds to an assessment of $ 3.5 billion. The round was cited by A16Z, which believes that we are at a turning point in the web3 room. The company has multiplied its sales in the past six months by 15 times, proof of the effects it caused on the ecosystem.
alchemy achieves an evaluation of $ 3.5 billion
Alchemy, a provider of web3 and blockchain infrastructure, has reached a milestone until raise in its financing round of the series C. Round was listed by well-known VC companies A16Z, Lightspeed and Redpoint, in which Coatue, Addition, DFJ and Pantera also took part. With this new financing round, Alchemy achieved an assessment of $ 3.5 billion, an outstanding value for a company that went to the stock exchange a little more than a year ago
The company, which compares its role in the blockchain ecosystem with the role of AWS in the current internet structure, has enormously from the current bull market and the expansion of. benefits decentralized financing .
This growth has given the company a 15-fold increase in sales for six months. This is because Alchemy offers a vertical suite of technologies that can be used by several institutions of the spectrum, including financial protocols, NFT platforms, stock exchanges and even multinational companies.
ali yahya, the complementary from A16Z, specified this moment is the key to investing in the web3 infrastructure. In this sense he emphasized:
We are in a unique time in the development of Web3. The room finally ends its infrastructure phase. With the help of companies like Alchemy, it is now able to support real applications for the mainstream audience.
growth of the ecosystem
According to reports,Alchemy will use the funds to further expand the ecosystem by expanding the range of its tools for more web3 developers worldwide. This includes strengthening the infrastructure around web3 services and the creation of training material to facilitate future developers on boarding.
It will also expand globally by financing the creation of new offices around the world. Joe Lau, co -founder and CTO of Alchemy, believes that Blockchain and Web3 are just starting their trip to the mainstream. Nikil Viswanathan, co -founder and CEO of Alchemy, said:
We are pleased to continue to invest in the provision of blockchain for developers worldwide. The ability of developers is the key to bring the magic of the blockchain into the world.
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