Share this article
Blockchain Developer Toolkit Alchemy Adds High-Profile Angels to $80M Series B
Revenues for the blockchain infrastructure company have grown more than tenfold since it announced the series B in April.
By Danny Nelson
Updated Sep 14, 2021, 1:35 p.m. Published Aug 4, 2021, 2:30 p.m.
Two DJs, the president of Morgan Stanley, an e-commerce kingpin and a smattering of other high-profile angel investors have joined behind-the-scenes blockchain startup Alchemy Insights’ $80 million Series B.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
A source familiar with the matter told CoinDesk that Alchemy had earmarked some of its Series B equity for soon-to-be investors when it unveiled the round in April. The Bay Area company, which builds infrastructure and developer tools for consumer-facing crypto firms, commanded a $505 million valuation at the time.
“My heart bleeds a little bit for developers and I have great sympathy for dev tools that better enable them,” said Chainalysis CEO Michael Gronager, one of the angels.
Alchemy’s new investors include DJs 3LAU and Zedd, Morgan Stanley President and COO Vikram Pandit, Checkout.com CEO Guillaume Pousaz, Neythri Futures Fund, former Disney Chairman Jeffrey Katzenberg and others.
Revenue for the four-year-old startup have grown tenfold in three months, the source said, as non-fungible token-focused chains such as Dapper Labs’ Flow and other hot protocols like Polygon signed on. Alchemy helps those companies handle their booming transaction volumes more efficiently.
That’s been of special concern for NFT marketplaces servicing the breakout crypto asset subsector of 2021. Activity bellwether OpenSea has processed over $120 million in NFT trading volume so far this month, according to Dune Analytics, an industry tracker. OpenSea is also an Alchemy customer.
“Their platform powers many of the best companies in the space, including all the leading NFT companies,” said 3LAU, a proponent of all things crypto.
With $30 billion in processed transactions, Alchemy said it plans to court further growth through offices in New York City and a string of new partnerships and products.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
What to know:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
Top Stories
