Blockchain Data Startup Alchemy Secures $40 Million

Blockchain data startup Alchemy raised $40 million in a Series B round led by Amplyfi Partners, with Kleiner Perkins and Sequoia Ventures also participating. The funding brings Alchemy's total raised to $61.5 million. Alchemy collects, cleans, and standardizes on-chain data from over 150 blockchains, providing it to financial institutions, developers, and analytics platforms. Clients include Visa, Stripe, Coinbase, a16z Crypto, and the U.S. Federal Reserve.