Express

Blockchain Dev Toolmaker Alchemy Raises $15 Million From Big Investors

Ramsey Baker

Summary: Tool developer and blockchain infrastructure service provider Alchemy has raised $15 million in a new Series A funding round. Alchemy received funding from a plethora of notable investors, including Stanford University, Google chairman John Hennessy, Yahoo founder Jerry Yang,Charles Schwab, Coinbase, LinkedIn founder Reid Hoffman, and former Thomson Reuters CEO Tom Clocer. The round was ...

Tool developer and blockchain infrastructure service provider Alchemy has raised $15 million in a new Series A funding round.

Alchemy received funding from a plethora of notable investors, including Stanford University, Google chairman John Hennessy, Yahoo founder Jerry Yang,Charles Schwab, Coinbase, LinkedIn founder Reid Hoffman, and former Thomson Reuters CEO Tom Clocer. The round was led by cryptocurrency industry investment firm Pantera Capital, according to a press release.

The firm plans to use the new funds to fuel plans to expand internationally.

By Ramsey Baker

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 1 day ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 2 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 5 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 6 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 8 days ago
  • You need to login to comment.