Alchemy acquires HeyMint to power smart wallets with NFTs

• Alchemy expands web3 solutions with acquisition of HeyMint
• HeyMint makes it easy to create NFTs without coding
• Alchemy’s Smart Wallet Focuses on Accessibility

Alchemy, an infrastructure company specializing in web3 solutions, announced the acquisition of NFT launchpad HeyMint, with the aim of expanding its services focused on smart wallets. The transaction was completed on April 30, although financial terms of the deal were not disclosed.

With the integration, the teams responsible for HeyMint and HeyMint Quest — a tool focused on web3 engagement — will become part of Alchemy. The move aims to strengthen support for Alchemy Smart Wallets, a system designed to facilitate the onboarding of users and developers into decentralized applications.

Flor Ronsmans De Vry, co-founder of HeyMint, highlighted that the company’s mission has always been to simplify the entry of new users into the web3 ecosystem: “We have always believed that onboarding is the most critical — and the most problematic — part of Web3. […] Joining Alchemy gives us the scale we need to take this mission even further.”

HeyMint has become popular for removing technical barriers to creating NFTs, allowing creators to launch custom collections on Ethereum and major layer-2 solutions such as Arbitrum, Base, Linea, Optimism, and Polygon. The platform also supports community engagement tools, including Discord bots and whitelists.

According to the site of the company, more than 40 creators have already used HeyMint to generate more than $38 million in revenue from NFTs.

Joe Lau, co-founder of Alchemy, commented that the synergy between the two companies is clear: “HeyMint’s focus on creating the most accessible and intuitive experience aligns perfectly with Alchemy’s vision.”

Over the past 12 months, Alchemy has stepped up its M&A drive. The company also acquired DexterLab to expand its services on the Solana network, and Bware, a blockchain infrastructure provider, to consolidate its presence in the European market. These moves signal a clear strategy to expand Alchemy’s ecosystem in the cryptocurrency sector.