C1 Fund has announced a new strategic investment in Alchemy, a company often described as the “AWS of crypto” because of its essential role in powering blockchain development. Since its founding in 2017, Alchemy has become one of the most important infrastructure providers in the Web3 ecosystem, supporting more than $100 billion in transactions every year and powering over 70% of leading crypto applications including major names like Robinhood, Stripe, JPMorgan, and Coinbase.
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Elliot Han, Chief Investment Officer at C1 Fund Inc., emphasized that Alchemy is at the forefront of Web3 expansion, providing developers with the tools they need to build and scale blockchain applications without unnecessary complexity. He added that the firm’s investment reflects strong confidence in Alchemy’s vital role in enabling the next wave of digital asset innovation.
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Dr. Najam Kidwai, Chief Executive Officer of C1 Fund Inc., echoed this sentiment, noting that Alchemy’s multi-chain capabilities, robust infrastructure, and impressive growth align perfectly with C1 Fund’s focus on backing companies that are shaping the long-term future of the digital asset economy. By adding Alchemy to its portfolio, C1 Fund continues to strengthen its position within the sector.
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This investment also reinforces C1 Fund’s broader strategy of building a concentrated portfolio of high-potential digital asset technology and service companies. In addition to Alchemy, the firm recently announced investments in other industry leaders such as Kraken, Ripple, Chainalysis, and Figment further demonstrating its commitment to supporting the foundational infrastructure of tomorrow’s blockchain-powered world.
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