Alchemy, a Web3 developer platform, has acquired HeyMint, a California-based NFT launchpad, to improve its smart wallet infrastructure. The undisclosed deal will integrate HeyMint's infrastructure into Alchemy, aiming to simplify user onboarding for Web3 applications. HeyMint, despite not being widely known in the crypto space, attracted over 1 million users in its first two years and facilitated $38 million in NFT sales. The acquisition follows Alchemy's recent purchase of Dexter Lab, a Solana data infrastructure provider. The crypto industry is witnessing increased M&A activity in 2025, with notable deals like Robinhood acquiring WonderFi for $179 million and Coinbase buying Deribit for $2.9 billion. Ripple's $1.25 billion acquisition of Hidden Road also highlights the growing trend of crypto M&As. Additionally, crypto venture capital funding is on the rise, indicating a bullish market outlook. Read more AI-generated news on: https://app.chaingpt.org/news

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