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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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Blockchain startup Fetch.ai grabs $40M to provide monetization and other tooling for AI-generated information

TechCrunch

is built on blockchain technology and it has created a FET token that will be used on its platform. The funding is a substantial amount in the current market, and it is coming from a single company, DWF Labs , an incubator that is connected to an entity called Digital Wave Finance. ” Blockchain startup Fetch.ai

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TechCrunch+ roundup: Allocating equity, unicorn traffic jam, blockchain gaming survey

TechCrunch

Dear Sophie: Do we need a visa to explore the US market? Dear Sophie: Do we need a visa to explore the US market? Unicorn exits augur poorly as Justworks delays IPO, citing ‘market conditions’. Justworks’ IPO delay indicates that the enthusiasm gap between private markets and their public analog is wide. Walter Thompson.

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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. We realized that in order for space to thrive and build to its full potential, we needed to build a developer platform layer for blockchain,” Viswanathan told TechCrunch.

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

TechCrunch

She launched the company in November after a career in marketing at luxury fashion houses, serving in roles including chief digital and content officer at Ralph Lauren and digital and social marketing director at Burberry. Embracing digital commerce may be retailers’ best bet for staying ahead of a fast-moving industry.

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The Blockchain Market at a Glance

IDC

The evolving blockchain product offers more robust and capable application tools critical to patch existing vulnerabilities. Explore the evolving market with IDC.

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Market Pivot or Inflection Point? Blockchain Storage Utilization, Data Inscription, and the Exponential Growth of Storage Blocks

Ooda Loop

Is the blockchain primarily a storage of value technology or an infrastructure for the storage of information? And does this issue represent a business model pivot or inflection point for the web3 stack and the future of the internet? Or both in unequal or equal measure?

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