Alchemy acquires no-code NFT launchpad HeyMint for undisclosed amount

Quick Summary:

The company recently acquired Dexter Lab, a real-time data infrastructure provider for Solana, for an undisclosed amount. Source: CointelegraphRelated: VC Roundup: 8-figure funding deals suggest crypto bull market far from overCrypto mergers, acquisitions are heating up2025 is shaping up to be a more active year for crypto mergers and acquisitions (M&As), especially in the United States, where regulatory clarity and a pro-industry administration are encouraging dealmaking.

Web3 developer platform Alchemy has acquired HeyMint, a California-based non-fungible token (NFT) launchpad, in a move designed to enhance the company’s smart wallet infrastructure. The undisclosed funding deal will see HeyMint’s infrastructure embedded within Alchemy as it seeks to simplify user onboarding for Web3 applications, the company disclosed on May 23.

One of the biggest acquisitions was completed in April when Ripple purchased prime brokerage Hidden Road for $1.25 billion — a deal the payments company said would expand its horizons within institutional finance. Beyond M&As, crypto venture capital funding has also been on the rise.

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Article Details

Author / Journalist: Cointelegraph by Sam Bourgi

Category: Crypto

Markets: United States

Topics: Deals Heymint Funding Deal Infrastructure Million Crypto Company Acquisition Alchemy Web3

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-23 @ 16:52:54 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 349 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28926724

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