Alchemy, the Start-Up Powering Adobe's NFT Effort, Sees Valuation Skyrocket as Digital Collectibles Go Mainstream - NewsBreak

Alchemy announced a $250 million funding round Thursday, marking a sevenfold increase in valuation since April. The San Francisco-based start-up lets developers build applications on top of blockchains such as Ethereum. Adobe announced it would begin offering NFTs through a Photoshop feature and is working with Alchemy. Start-up Alchemy...