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Alchemy, a leading Web3 developer, has announced its acquisition of NFT launchpad HeyMint. This strategic move aims to enhance Alchemy’s capabilities in the Web3 space, particularly in developing its innovative smart wallet solutions. HeyMint, known for powering Web3 initiatives for major players like MasterCard and Ubisoft, will bring its expertise and tools to Alchemy’s ecosystem.

Expanding Smart Wallet Solutions

With this acquisition, Alchemy seeks to accelerate the growth of its smart wallet technology. By integrating HeyMint’s team and resources, the company plans to simplify developer support, streamline integrations, and expand its offerings. Alchemy envisions smart wallets becoming the default method for onboarding new users into the Web3 ecosystem.

Data from analytics platforms shows that Alchemy’s smart wallet is already leading the ERC-4337 ecosystem, with over 13 million deployed wallets. This acquisition is set to further solidify its position as a market leader in the blockchain infrastructure space.

HeyMint’s Team Joins Alchemy

As part of the acquisition, HeyMint’s co-founder and CTO, Flor Ronsmans De Vry, along with other team members, will join Alchemy. De Vry is a respected name in the crypto space, known for founding the U.K.-based blockchain automation firm Fuse Robotics. Bringing extensive experience in scaling blockchain applications, De Vry will play a pivotal role in advancing Alchemy’s smart wallet solutions.

“Joining Alchemy gives us the scale and reach to take that vision further — and make secure, user-first onboarding available to every developer and project,” said De Vry.

HeyMint’s Proven Track Record

HeyMint has made a significant impact in the NFT space, with over 1 million users leveraging its no-code tools. More than 40,000 creators have utilized HeyMint’s platform, generating approximately $38 million in NFT sales. The company has also supported Web3 initiatives for globally recognized brands, including MasterCard, Ubisoft, Universal Music Group, and The Sandbox.

Alchemy’s Vision for the Future

Joe Lau, President and Co-Founder of Alchemy, expressed enthusiasm about the acquisition. He emphasized the alignment of HeyMint’s mission with Alchemy’s goal of onboarding the next generation of users and businesses into Web3.

“HeyMint’s focus on creating the most accessible and user-friendly experience aligns perfectly with Alchemy’s vision of onboarding the next generation of users and technology companies to Web3, and we are excited to welcome their team into ours,” said Lau.

Key Takeaways

  • Alchemy acquires NFT launchpad HeyMint to strengthen its smart wallet offerings.
  • HeyMint’s team, including CTO Flor Ronsmans De Vry, will join Alchemy to contribute their expertise.
  • Over 40,000 creators have used HeyMint’s tools, generating $38 million in NFT sales.
  • The acquisition aligns with Alchemy’s vision to make Web3 onboarding more accessible and user-friendly.

This partnership marks another step forward in making Web3 technology more accessible to developers, businesses, and everyday users. By combining their strengths, Alchemy and HeyMint aim to shape the future of blockchain innovation and user engagement.

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