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Web3 SocialFi Platform Bit.Store Raised Equity Funding from Alchemy Pay

Bit.Store, a global social cryptocurrency investment platform has successfully secured equity funding from Alchemy Pay, the world-leading fiat-crypto payment solutions provider. As part of the deal, Alchemy Pay acquired a 15% stake in Bit.Store. This funding marks a significant milestone for Bit.Store, enabling it to tap into Alchemy Pay’s advanced payment capabilities, including Google Pay and Apple Pay, to deliver greater value to one million users.

The funds will go towards full-upgrade of Bit.Store, including enhancing Bit.Store’s technical team, improving research and development efficiency, optimizing the product, and providing users with a convenient, secure and user-friendly product experience. Furthermore, Bit.Store will onboard users through Alchemy Pay’s on/off ramps solution, which includes Visa, Mastercard, Google Pay, Apple Pay and other payment services, to help more Web 2 users seamlessly transition into the Web3 world.

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