FinTech news in blockchain infrastructure category

As proof that web3 is not some passing trend, blockchain infrastructure startup Alchemy announced today that it has closed on a $200 million Series C1 equity round that values the company at $10.2 billion.

Though compliance presents an ever-evolving suite of challenges, the most persistent landmine for DAO tooling startups has been helping DAOs educate their users on potential threats — something that will only become more important as crypto startups and DAOs look to entice an increasingly mainstream user base.

While Twig may be seeking to minimize/offset its own energy usage/carbon footprint, the bigger potential environmental impact is likely to be from secondary (for want of a better word) usage — aka, any consumption, energy use and CO2 emissions that Twig’s users and suppliers generate as a result of what its platform enables them to do.