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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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Blockchain startup Propy plans first-ever auction of a real apartment as a collectible NFT

TechCrunch

We previously wrote about Propy using blockchain technology to smooth real-world real estate sales by introducing the concept of smart contracts. Propy was the first blockchain startup to make that work. Propy, a blockchain-verified platform for selling houses, raises funding from Tim Draper.

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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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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 pioneer Diana Biggs joins digital assets startup Valour as its new CEO

TechCrunch

Biggs explored the potential for blockchain technology to help solve humanitarian challenges through her venture, Proof of Purpose, in 2017, and her TEDx speech on Blockchain Technology that year is considered by many in the blockchain space to be one of the best in the genre.

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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. The media certainly classified us that way because we were involved with the technology. In 2017 and 2018, the company pivoted once again to focus on cryptocurrencies. But the company later pivoted to create a social payments app.

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Crypto asset management platform Cobo bags $40M Series B

TechCrunch

With interest in the crypto revolution soaring across Asia, it’s high time to expand blockchain infrastructures to meet the rising demand, especially as we’re seeing growing enthusiasm among institutions,” said the company CEO and co-founder Discus Fish, also known as Shixing Mao. “In Binance Labs leads $1.6M