Alchemy acquires NFT launchpad HeyMint to expand its 'smart wallet' services

The web3 infrastructure firm Alchemy has acquired NFT launchpad HeyMint to grow its "smart wallets" unit.

The acquisition concluded on April 30, and the terms of the deal is not being disclosed, a company spokesperson told The Block. 

"We’ve always believed that onboarding is the most critical — and most broken — part of Web3. At HeyMint, we focused on building tools that anyone could use, regardless of technical background. Joining Alchemy gives us the scale to take that mission even further — and bring secure, intuitive onboarding to the next billion users,” HeyMint co-founder Flor Ronsmans De Vry told The Block in an email. 

Through the acquisition, the core teams behind HeyMint and HeyMint Quest, the firm's web3 engagement booster, will join Alchemy to expand the presence of and developer support for Alchemy Smart Wallets, a user-friendly onboarding system for web3 apps, according to a release. 

HeyMint removes the technical expertise needed to create an NFT collection. It provides smart contract customization support and a minting page for teams looking to build on Ethereum and its Layer 2s including Arbitrum, Base, Base, Linea, Optimism, Polygon as well as testnets for each chain.

The acquired startup also helps individuals grow their community through Discord bots, allowlists, and other features. HeyMint claims to have helped over 40,000 creators earn more than $38 million in revenue through its launchpad, according to the firm's website . 

"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 Alchemy co-founder and president Joe Lau in a statement. "Together, we will continue to improve and evolve Alchemy’s Smart Wallets."

Alchemy has made a number of MA moves over the past 12 months. Recently, for instance, Alchemy acquired the Solana infrastructure provider DexterLab to grow out its enterprise-grade services on Solana and blockchain tech firm Bware to bolster its presence in Europe, The Block previously reported. 

Crypto MA activity trended upward in the past few years, and is expected to further increase  in 2025.