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Alkimiya - Logo.

Alkimiya (42)
Private Round 2

Past 12 Jan - 13 Jan 2023

42 (prev. Alkimiya) develops a decentralized protocol for hedging on-chain cash flows, targeting Ethereum validators and other yield-generating entities. The platform enables structured products around staking rewards, gas fees, and future yields.

In January 2023, the team raised $7.2M in a second private round led by 1kx, with participation from Circle Ventures, Hashkey Capital, Coinbase Ventures, and existing investors like Dragonfly Capital. The funds were allocated to scaling product adoption and growing Alkimiya’s protocol ecosystem.

CoinLaunch Score: Last update:
Medium 11 Aug 2025

Alkimiya (42) - Private Round 2  Overview

start date: 12 Jan 2023
end date: 13 Jan 2023
price: N/A
tokens for sale: N/A
Raise: $7,200,000
Min. Buy: N/A
Max. Buy: N/A
Industry: DeFi
More about Alkimiya (42)

Alkimiya (42) - Private Round 2 Funds and Backers
(3/5)

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Coinbase Ventures logo
Coinbase Ventures
Score: Very High
78 numbers of
investment
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Dragonfly Capital Logo
Dragonfly Capital
Score: Very High
35 numbers of
investment
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circle ventures logo
Circle Ventures
Score: Very High
20 numbers of
investment
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