Alchemy Supercharges Web3 Wallet Game with Strategic HeyMint Takeover!

Jakarta, Pintu News – Alchemy , a leading Web3 development platform, recently announced the acquisition of HeyMint, a California-based NFT launch platform.

This strategic move aims to expand and strengthen Alchemy’s smart wallet technology, as well as integrate HeyMint’s tools and team into Alchemy’s existing infrastructure.

The acquisition also involves the incorporation of Flor Ronsmans De Vry, founder and CTO of HeyMint, into the Alchemy team.

Improved Accessibility and Security

With the acquisition of HeyMint, Alchemy seeks to improve accessibility and security within the Web3 ecosystem. Alchemy’s Smart Wallet, launched earlier this year, is designed to ease user onboarding with gasless transactions and flexible authorization methods.

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HeyMint, known for its no-code NFT creation tool, has served more than one million users and helped more than 40,000 creators generate $38 million in revenue from NFT sales.

HeyMint has also developed tools that allow creators to save significant costs, with estimated savings of $9 million on allowlists and over $29 million on NFT launch costs.

The integration of HeyMint tools into Alchemy’s Smart Wallet is expected to not only strengthen security but also enhance user experience by simplifying the process of NFT creation and distribution.

Expansion and Integration Strategy

Alchemy’s expansion strategy involves integrating HeyMint’s capabilities to improve access across various Layer 2 Ethereum networks, such as Arbitrum (ARB), Base, Optimism , and Polygon . This cross-chain focus will strengthen Alchemy’s efforts in building a user-friendly and scalable infrastructure for the decentralized ecosystem.

In addition, Alchemy plans to continue developing and refining their Smart Wallet functionality, by incorporating HeyMint’s intuitive tools into their wallet ecosystem. This incorporation not only enhances technical capabilities but also expands Alchemy’s reach in supporting developers across different blockchain ecosystems.

With support from HeyMint, Alchemy can accelerate their mission to simplify Web3 onboarding and enable adoption of decentralized applications by mainstream users.

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Impact on Web3 and M&A Industry

The acquisition of HeyMint by Alchemy marks one of a series of strategic acquisitions that demonstrate the growing momentum in merger and acquisition activity in the Web3 sector. This activity is driven by increased regulatory clarity and favorable policy developments in the US, which are encouraging further strategic investments in the sector.

Other examples of strategic deals include Robinhood’s acquisition of WonderFi for $179 million and Ripple’s purchase of Hidden Road for $1.25 billion.

Data from PitchBook shows that although the total number of venture capital deals is declining, the overall funding volume has more than doubled year-on-year. This suggests that investor focus has shifted towards larger, more strategic acquisitions aimed at strengthening technological capabilities.

By incorporating key technologies and expanding support for developers as well as users, Alchemy places itself at the forefront of Web3 evolution.

The acquisition of HeyMint not only strengthens the Alchemy ecosystem but also sets a new standard in building solutions that enable wider blockchain adoption while improving user experience.

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Reference:

• CoinTrust. Alchemy Acquires HeyMint to Boost Web3 Wallet Ecosystem. Accessed on May 26, 2025
• Cointelegraph. Alchemy Acquires HeyMint NFT Launchpad. Accessed on May 26, 2025
• Crypto Briefing. Alchemy Acquires HeyMint, Smart Wallets. Accessed on May 26, 2025