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Alchemy Unveils Rollup Platform for Network Launch and Scaling

Alchemy Unveils Rollup Platform for Network Launch and Scaling

The Web3 infrastructure firm Alchemy has introduced a platform for launching rollups—Alchemy Rollups.

“Scaling solutions like rollups are essential for Ethereum’s long-term success,” company representatives noted.

The new tool is designed to assist developers in launching and scaling their own networks. 

In developing the platform, Alchemy collaborated with projects such as Arbitrum, Optimism, and Celestia. 

In February 2022, Pantera Capital, Lightspeed Ventures, a16z, and other investors valued the company at $10.2 billion, according to CryptoRank.

Earlier, Ethereum co-founder Vitalik Buterin called for a unified interoperability solution for L2 networks.

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