Alchemy's Meteoric Rise

Alchemy has achieved a staggering valuation increase from $505 million to $10.2 billion in just nine months, positioning itself as a leading platform for Web3 development. The company powers major NFT marketplaces like OpenSea and is often likened to the Microsoft of cryptocurrency. While they claim profitability, the details remain vague, prompting calls for transparency in their financial disclosures.