Alchemy’s NFT Power Grab: Will HeyMint’s $38M Legacy Redefine Web3 Wallets?

Web3 giant Alchemy acquires HeyMint, an NFT launchpad behind $38M in sales, to supercharge smart wallet development. Could this make crypto onboarding seamless for millions? Discover the future of Web3!

May 23, 2025 - 22:36
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Alchemy’s NFT Power Grab: Will HeyMint’s $38M Legacy Redefine Web3 Wallets?
On May 23, 2025, Web3 infrastructure leader Alchemy acquired HeyMint, a beginner-friendly NFT launchpad that powered $38 million in sales for over 40,000 creators, including projects for MasterCard and Ubisoft. The deal, announced via a press release, aims to accelerate Alchemy’s smart wallet development, a key tool for simplifying Web3 onboarding. HeyMint’s no-code platform, used by 1 million users, allows creators to mint NFTs and enforce royalties effortlessly, making it a vital asset for Alchemy’s vision.
Alchemy, the top player in the ERC-4337 ecosystem with 13 million smart wallets deployed, sees HeyMint’s team and tech as a game-changer. By integrating HeyMint’s tools, Alchemy plans to streamline wallet creation with social and email logins, targeting mainstream adoption. This follows Alchemy’s recent acquisitions, like DexterLab and Satsuma, showing its aggressive push to dominate Web3 infrastructure.
For new investors, this signals Web3’s shift toward user-friendly solutions, but risks linger—NFT markets are volatile, and regulatory hurdles could slow progress. Alchemy’s move could make crypto more accessible, but beginners should diversify and stay updated on market trends.
NOTICE: The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE: The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.