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Alkimiya (42)
Private Round 2

Past 12 Jan, 23 - 13 Jan, 23

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, 25

Alkimiya (42) - Private Round 2  Overview

start date: 12 Jan, 23
end date: 13 Jan, 23
price: N/A
Raise: $7.2M
Min. Buy: N/A
Max. Buy: N/A
tokens for sale: N/A
Industry: DeFi
Total Token Issued: N/A

Alkimiya (42) - Private Round 2  Round Result

Raise: $7.2M
Round FDV: $0
Total Raise: $7.2M
Tokenomics FDV: N/A
Round Weight:
100%
Current FDV:
N/A
More about Alkimiya (42)

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

Submit
Fund Score Type Retail ROI Numbers of investments
Very High1.53x85
Very High1.23x37
High108.53x22
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