Bitcoin
Bitcoin (BTC)
$76,550.00 -0.08718
Bitcoin price
Ethereum
Ethereum (ETH)
$3,121.36 5.2535
Ethereum price
BNB
BNB (BNB)
$622.98 4.08035
BNB price
Solana
Solana (SOL)
$199.21 -0.40792
Solana price
XRP
XRP (XRP)
$0.557169 0.80798
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000203 6.73874
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000111 2.98653
Pepe price
Bonk
Bonk (BONK)
$0.0000223 1.47297
Bonk price
dogwifhat
dogwifhat (WIF)
$2.48 6.7647
dogwifhat price
Popcat
Popcat (POPCAT)
$1.41 -7.58059
Popcat price
Bitcoin
Bitcoin (BTC)
$76,550.00 -0.08718
Bitcoin price
Ethereum
Ethereum (ETH)
$3,121.36 5.2535
Ethereum price
BNB
BNB (BNB)
$622.98 4.08035
BNB price
Solana
Solana (SOL)
$199.21 -0.40792
Solana price
XRP
XRP (XRP)
$0.557169 0.80798
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000203 6.73874
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000111 2.98653
Pepe price
Bonk
Bonk (BONK)
$0.0000223 1.47297
Bonk price
dogwifhat
dogwifhat (WIF)
$2.48 6.7647
dogwifhat price
Popcat
Popcat (POPCAT)
$1.41 -7.58059
Popcat price
Bitcoin
Bitcoin (BTC)
$76,550.00 -0.08718
Bitcoin price
Ethereum
Ethereum (ETH)
$3,121.36 5.2535
Ethereum price
BNB
BNB (BNB)
$622.98 4.08035
BNB price
Solana
Solana (SOL)
$199.21 -0.40792
Solana price
XRP
XRP (XRP)
$0.557169 0.80798
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000203 6.73874
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000111 2.98653
Pepe price
Bonk
Bonk (BONK)
$0.0000223 1.47297
Bonk price
dogwifhat
dogwifhat (WIF)
$2.48 6.7647
dogwifhat price
Popcat
Popcat (POPCAT)
$1.41 -7.58059
Popcat price
Bitcoin
Bitcoin (BTC)
$76,550.00 -0.08718
Bitcoin price
Ethereum
Ethereum (ETH)
$3,121.36 5.2535
Ethereum price
BNB
BNB (BNB)
$622.98 4.08035
BNB price
Solana
Solana (SOL)
$199.21 -0.40792
Solana price
XRP
XRP (XRP)
$0.557169 0.80798
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000203 6.73874
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000111 2.98653
Pepe price
Bonk
Bonk (BONK)
$0.0000223 1.47297
Bonk price
dogwifhat
dogwifhat (WIF)
$2.48 6.7647
dogwifhat price
Popcat
Popcat (POPCAT)
$1.41 -7.58059
Popcat price

Alchemy secures $10m in funding for Korean expansion 

alchemy-secures-10m-in-funding-for-korean-expansion
Edited by
News
Alchemy secures $10m in funding for Korean expansion 

Alchemy has raised $10 million in its latest funding round with DWF Labs, at a valuation of $400 million. The amount will enable the expansion of Alchemy Pay into the Korean market.

Alchemy Pay, a Singapore-based crypto payment gateway that bridges the gap between crypto and fiat currencies for businesses, devs, and regular users, has secured $10 million in funding from DWF Labs, a multi-stage web3 investment firm,  at a valuation of $400 million.

According to an announcement, the funding will enable Alchemy Pay to launch operations in Korea and expand its payments business in the crypto-friendly region.

Since its launch in Singapore in 2018, Alchemy Pay has continued to gain ground in the payments world, forging strategic partnerships with various heavy hitters in the space, including Visa, Mastercard, and more. Alchemy Pay supports over 300 payment channels, including traditional credit cards and mobile wallets.

Robert McCracken, the ecosystem lead of Alchemy Pay commented:

“By utilizing our payment solutions, more Korean companies can close the division between crypto and conventional fiat currencies to keep pace with global economies.”

As the global banking crisis continues to make traditional banks wary of crypto, it is expected that crypto-fiat on/off ramping solutions like Alchemy Pay will continue to gain significant traction in the web3 space.

Alchemy secures $10m in funding for Korean expansion  - 1
ACH 24-hour chart | Source: CoinGecko

At the time of writing, the price of the Alchemy Pay native ACH token is up by 7.6% on the day. It’s changing hands for $0.037, with a 24-hour trading volume of $69 million.