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‘AWS for blockchain’ Alchemy boosts valuation to $3.5B with $250M raise

TechCrunch

Exactly six months after raising $80 million at a $505 million valuation, blockchain and Web3 development SaaS startup Alchemy has raised $250 million in a Series C funding round that values the company at $3.5 For one, it represents one of a16z’s largest Web3/blockchain investments to date. In June, the firm revealed its $2.2

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Alchemy raises $80M at a $505M valuation to be the ‘AWS for blockchain’

TechCrunch

Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. million since it launched in 2017. Alchemy enables developers to build the rich ecosystem of applications necessary for mainstream blockchain adoption.”.

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Luxury fashion meets blockchain on Syky, the Seven Seven Six-backed web3 platform

TechCrunch

In 2017, Delahunt was at Ralph Lauren and had her first look at the blockchain, but it wasn’t until years later while working to pioneer some digital wardrobe projects with companies, like Snap, Bitmoji and Roblox, that she had an opportunity to see that web3 was going to be “more than a niche community” for luxury fashion.

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Cryptocurrency company Circle to go public in SPAC deal

TechCrunch

Circle became a sort of Venmo clone with some blockchain technology under the hood. And one that makes money work the way the Internet works,” Circle co-founder and CEO Jeremy Allaire told TechCrunch’s Natasha Lomas in 2016. In 2017 and 2018, the company pivoted once again to focus on cryptocurrencies.

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Dapper Labs CEO Roham Gharegozlou is coming to Disrupt

TechCrunch

We’re thrilled to have Gharegozlou joining us at Disrupt this September 21-23 , to discuss the future of NFTs, crypto gaming and the decentralized internet. Gharegozlou has his own vision for the future of the crypto web; Dapper’s big bet of late is on the proprietary Flow blockchain that underpins Top Shot.

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Cent, the platform that Jack Dorsey used to sell his first tweet as an NFT, raises $3M

TechCrunch

Cent was founded in 2017 as an ad-free creator network that allows users to offer each other crypto rewards for good posts and comments — it’s like gifting awards on Reddit, but with Ethereum. The NFT also includes a link to the tweet, though the linked content lives outside the blockchain. and Zynga founder Mark Pincus.

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Indonesian crypto platform Reku is built for both new and experienced traders

TechCrunch

Today, the startup, founded in 2017, announced it has raised $11 million in Series A funding, led by AC Ventures (ACV) with participation from Coinbase Ventures and Skystar Capital. In 2017 and 2018, crypto was not this big but we saw a huge opportunity there. An example of this is NFTs,” he said. “On