There’s some big news right now in the world of cryptocurrency exchanges. Crypto.com has announced its partnering with Alchemy, which provides blockchain development platform functionality, for the prospect of creating Crypto.com’s own developer platform, Crypto.com Chain.
Alchemy’s Enterprise Track Record
With $15 billion in on-chain transactions under its wing for the past year, Alchemy is a popular choice for Ethereum-based smart contracts. Reports show that 70% of top Ethereum applications rely on alchemy’s design services. Alchemy’s Ethereum API provides reliability and helps businesses to scale their blockchain efforts, while also providing key kinds of information verification in a new decentralized world. In promoting its services worldwide, Alchemy touts the experience of its team, saying that its mission is “to provide developers with the fundamental building blocks they need to create the future of technology, and lower the barrier to entry for developers to build blockchain applications.”
The Crypto.com Ecosystem
For its part, Crypto.com has built an excellent reputation as a safe exchange, with security and privacy best practices implemented, and with its development of products like the Crypto.com App, the Crypto.com Visa Card, the Crypto.com Exchange and Crypto.com DeFi Wallet, Crypto.com provides traders and investors with versatility and diverse choices.
Part of what’s exciting with the new partnership is