Alchemy Pay Completes Equity Funding for Bit.Store, Acquiring 15% of Its Shares

Bit.Store, a Web3 social digital asset investment platform, officially announced that it has obtained equity financing from Alchemy Pay, an encrypted payment gateway. As part of the transaction, Alchemy Pay acquired a 15% stake in Bit.Store. The funds will be used to strengthen Bit.Store's technical team, improve R&D efficiency, optimize products, etc., and will support Bit.Store's expansion and marketing in Southeast Asia, Europe, and the United States. At the same time, Bit.Store can use Alchemy Pay's Visa, Mastercard, Google Pay, Apple Pay and other advanced payment functions. Bit.Store is a social digital asset investment platform launched in 2020, which aims to allow novices, ordinary investors and experts to easily and safely enter the crypto investment market, providing education, news and other investment tools, etc.