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Alchemy Pay Partners With DWF Labs To Secure $10 Million Funding

Twitter icon  •  Published il y a 1 an  •  Hassan Maishera

The Alchemy Pay team announced via a Medium post on Monday that it has partnered with DWF Labs, the prominent multi-stage web3 investment firm.

The Alchemy Pay team announced via a Medium post on Monday that it has partnered with DWF Labs, the prominent multi-stage web3 investment firm. As part of this strategic partnership, Alchemy Pay has secured $10 million in funding from DWF Labs, which will be utilized to expand its payment business in Korea, capitalize on the region’s high level of cryptocurrency acceptance, and assist Korean enterprises in achieving greater internationalization. Thanks to this fund, Alchemy Pay has now reached a $400 million validation. 

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 up by 1% in the last 24 hours and currently trades at $0.03519. 

 

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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.