Alchemy Insights, Inc. is the latest crypto startup to become a deca unicorn after a $200 million equity investment led by Lightspeed Ventures and Silver Lake valued the infrastructure company at $10.2 billion.
“We’ve seen our user base grow 300%,” CEO Nikil Viswanathan said in an interview. He noted Alchemy’s near 50-person team is now expanding globally.
Alchemy’s B2B developer products help prop up non-fungible token (NFT) trading venues such as OpenSea.
Alchemy's latest fundraising follows a $207 million funding round raised by blockchain infrastructure firm Blockdaemon last month. That firm was valued at only $3.25 billion, however.
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