San Francisco-based company that develops tools and infrastructure services for blockchain projects, Alchemy has announced its first infrastructure platform that enables enterprises to easily build real-world applications on top of blockchain technologies.
The Co-Founders, Nikil Viswanathan and Joe Lau, both Stanford classmates founded Alchemy in 2017 together with subject matter experts from Facebook, Google, Microsoft, and Stanford. The initiative has now become a leading blockchain infrastructure platform, powering hundreds of diverse businesses and serving over a million users weekly in over 200 countries globally.
It is reported that a total of $15 million have been raised earlier this year in Series A funding from a group of leading institutional investors where the said amount will be used to accelerate the company’s continued expansion into international markets.
Among those who contributed are Pantera Capital, Stanford University, Coinbase, Mayfield, SignalFire, Samsung, StartX, Kenetic, and Dreamers, and prominent individual investors including Charles Schwab (founder, Charles Schwab) John Hennessy (chairman, Google), Reid Hoffman (founder, LinkedIn), Tom Glocer (former CEO, Thomson Reuters), Jerry Yang (founder, Yahoo).
Alchemy has been powering infrastructure for selected enterprises and blockchain companies around the globe for the past two years. Starting today, Alchemy’s platform will become available more broadly, and interested companies can sign up at alchemyapi.io.
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