Coinbase and Genies both participated in a series B round that pushed the blockchain infrasructure provider's valuation past $500m.
Alchemy, the US-headquartered creator of a blockchain developer platform, secured $80m yesterday in a series B round featuring cryptocurrency exchange operator Coinbase and avatar development technology provider Genies, valuing it at $505m.
Coatue and Addition co-led the round, which included DFJ Growth, the Glazer family, K5 Global, the Chainsmokers, Stanford University, Pantera Capital, SignalFire, Communitas Capital and private investors John Hennessy, Charles Schwab, Reid Hoffman and Jerry Yang.
Founded in 2017, Alchemy produces the infrastructure and developer tools required to…
