Today news
About the same in other media
Alchemy, the start-up powering Adobe's NFT effort, sees valuation skyrocket as digital collectibles go mainstream
Reading now: 192
cnbc.comStart-up Alchemy is benefiting as more companies try to future-proof their businesses by adapting their technologies to the blockchain and through digital collectibles.
The San Francisco-based company announced a $250 million funding round on Thursday, boosting its valuation to $3.5 billion. The Series C financing, led by Andreessen Horowitz, marks a sevenfold increase in Alchemy's valuation from April.
Alchemy acts as a middleman between blockchain, the technology made famous by bitcoin, and apps that consumers might use on their phones. Its platform lets developers build applications on top of blockchains such as Ethereum.
Those behind-the-scenes building blocks have been used to create Dapper Labs, the maker of CryptoKitties, NBA Top
Read more on cnbc.comAbout this in other media
Platform aims to revolutionize the ticketing market with blockchain and NFTs cointelegraph.com /2 years ago
Europe must ban Bitcoin mining to hit the 1.5C Paris climate goal, say Swedish regulators euronews.com /2 years ago
‘Invisible Aether’: World’s largest museum launches NFT art exhibition cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
