Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Alchemy acquires blockchain infrastructure provider Bware

Alchemy acquires blockchain infrastructure provider Bware

The BlockThe Block2024/08/28 16:00
By:The Block

Quick Take The acquisition expands Alchemy’s presence in Europe, and the firm will continue to “invest in Bware’s Romanian presence and team.”

The web3 development firm Alchemy has acquired the Romanian blockchain infrastructure provider Bware. 

Bware's team of 40 employees will join Alchemy's product department. The acquisition expands Alchemy's presence in Europe, and the firm will continue to "invest in Bware's Romanian presence and team," according to a release shared with The Block. The deal's valuation has not been disclosed. 

The acquisition will not affect Alchemy or Bware customers. Additionally, Alchemy will not take over Bware's INFRA decentralized network nor its token, the release continues.

"As companies, we’ve each tackled the web3 market from different angles: Alchemy has focused on robustness and a broad range of services, while Bware Labs has optimized for cost and latency," Bware CEO and cofounder Flavian Manea told The Block. 

Alchemy had previously acquired Satsuma , a web3 data indexing platform, in September 2023. The firm also partnered with Worldcoin to augment infrastructure for the forthcoming World Chain blockchain, The Block previously reported. 


0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!