C1 Fund Invests In Alchemy, The Backbone Infrastructure For 70% Of Major Crypto Apps
Benzinga Newsdesk 11 months ago
CryptocurrencyNewsMarkets
C1 Fund Inc. (NYSE: CFND) today announced an investment in Alchemy, widely regarded as the AWS of the crypto industry as it provides mission-critical infrastructure for building and scaling blockchain applications.C1 Fund Inc.
C1 Fund Inc. (NYSE:CFND) today announced an investment in Alchemy, widely regarded as the AWS of the crypto industry as it provides mission-critical infrastructure for building and scaling blockchain applications. Founded in 2017, Alchemy has emerged as the core infrastructure layer for Web3, underpinning more than $100 billion in transactions annually and powering over 70% of the top crypto applications, including Robinhood, Stripe, JPMorgan and Coinbase.