Alchemy Attracts $12M for a Venture Fund

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Blockchain infrastructure platform Alchemy has recently filed an application with the SEC to launch a $12 million venture capital fund.

The CEO of Alchemy SPV III is co-founder and CTO of the firm, Joseph Lau.

It is important to note that the purpose of the structure has not been disclosed.

The platform created in December 2021 a venture division to support the teams of such large projects as OpenSea, Dapper Labs and 0x.

Alchemy, which was founded in 2017, provides a wide range of tools for building decentralized exchanges and NFT platforms.

NFT marketplaces OpenSea, Dapper Labs, NBA TopShot and SuperRare were built based on the platform.

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