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Alchemy Pay Invests in MAP Protocol

Twitter icon  •  Published 3 months ago  •  Hassan Maishera

The Alchemy Pay team announced via X on Tuesday that it has made a strategic investment in MAP Protocol, a Bitcoin layer-2 protocol.

The Alchemy Pay team announced via X on Tuesday that it has made a strategic investment in MAP Protocol, a Bitcoin layer-2 protocol. The investment is to aid MAP Protocol to pioneer the next wave of Bitcoin-based decentralized financial apps and ecosystems.

According to the MAP Protocol team, the investment will enable them to boost the DeFi ecosystem on the Bitcoin blockchain. 

Alchemy Pay is a payment system focused on retail transactions at the point of sale and peer-to-peer remittance. Users can make payments in fiat, stablecoins and other cryptocurrencies on traditional payment systems. Alchemy Pay’s ACH token is down by 4% in the last 24 hours and currently trades at $0.01653.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.