EVM liquidity protocol Connext to build multi-chain Ethereum ecosystem with Alchemy
Connext, a protocol for non-custodial transfers and contract calls between EVM-compatible systems, announced today it has teamed up with blockchain development platform Alchemy, which will now support Connext. By working together, Alchemy is able to help Connext focus on building a friendly user experience through a robust, fast, and scalable node solution.
This integration comes after Connext’s recent $12 million USD funding round co-led by ConsenSys Mesh and 1kx, with participation from Coinbase Ventures, OkEx Ventures, eGirl Capital, Hashed, Polygon’s Sandeep Nailwal, Optimism’s Jinglan Wan, and others. Connext’s recent round will be used for building up their team and scaling up their liquidity network; including their node infrastructure, ensuring a smooth and stable user experience as user demand increases.
“Connext’s dedication to making a multi-chain ethereum landscape a reality; is a mission that we share and are thrilled to support. Their team is top notch. Both in terms of talent and drive; and Alchemy is excited to grow with them as more people start to adopt their protocols.”
– Elan Halpern, Co-Creator of Alchemy Amplify
Connext will utilize Alchemy’s platform to access the Ethereum API and subsequent L2 blockchains. This will help Connext to most efficiently enable cross-chain swaps between EVM-compatible systems. By creating a singular point of entry to the Ethereum and L2 ecosystems; Alchemy makes it easy for Connext to execute token swaps.
“Connext prides itself on working with the best companies in the industry in order to help it grow at a rapid pace. Alchemy has gone above and beyond; both in terms of product, customer service, and excellent monitoring and analytics tooling, to help Connext achieve its goals. We’re glad to be a partner of theirs and look forward to continue working with Alchemy as we scale.”
– Rahul Sethuram, Connext Tech Lead
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