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Alchemy Forms Strategic Alliance with DSRV for Expansion in Asia

Alchemy, a premier developer and infrastructure platform for the blockchain economy, has announced a pivotal partnership with DSRV, a Korean-based blockchain service provider. This collaboration marks Alchemy's entry into the Asia-Pacific region, specifically targeting the burgeoning markets of Korea and Japan. The joint effort aims to deliver reliable blockchain data infrastructure and services, beginning with Remote Procedure Call (RPC) capabilities.

DSRV stands as Alchemy's inaugural local partner in Asia, and together, they plan to harness DSRV's local knowledge and institutional relations to broaden the impact of blockchain technology in the region. By leveraging the expertise of both organizations, they are set to provide comprehensive blockchain data service offerings that include RPC access, designed specifically for enterprises and blockchain projects looking to tap into regional opportunities.

Byeongyun Seo, the Co-CEO of DSRV, emphasized the necessity of understanding local regulations to gain institutional trust. He asserts that merely having technology is insufficient; effective compliance and responsiveness to local market dynamics are crucial for success. Consequently, this partnership seeks to blend DSRV's extensive expertise in serving institutional clients with Alchemy's global infrastructure, promising services that can be directly implemented into business operations.

The interest in stablecoin payments and financial services tied to digital assets has recently surged in both Korea and Japan. Institutions within these countries are increasingly evaluating infrastructure that guarantees efficient handling of high-traffic volumes while ensuring data accuracy. Moreover, localized technical support serves as a primary criterion for these companies as they embrace blockchain technology.

DSRV will lead the initiative on the ground, tapping into its vast experience with node operations and validator functions, ensuring that they deliver localized service and customer support. On the other hand, Alchemy will supply the necessary RPC APIs and developer tools to support over 100 blockchain networks, creating a collaboration that emphasizes regional requirements and demands.

Nikil Viswanathan, CEO and Co-Founder of Alchemy, reaffirmed the company’s commitment to expanding its operations in the APAC region. Highlighting the importance of local partners, he believes that with DSRV’s strengths and connections, they will effectively cater to both traditional institutions and emerging blockchain players within the market.

The collaboration will also see DSRV and Alchemy present their strategies for the Asian market at The Capital Summit happening in Seoul and Singapore next month. This event promises to be a significant platform for discussing their joint approach to serving institutional clients and enhancing blockchain capabilities across the region.

About DSRV

Established in 2019, DSRV supports financial institutions and enterprises during their on-chain transitions. They specialize in validator and node infrastructure for notable blockchain networks such as Ethereum and Solana. Offering a comprehensive suite through the DSRV Portal, they facilitate digital asset activities, including issuance, payments, wallets, and custody, all while adhering to rigorous standards such as ISMS certification.

About Alchemy

As a leader in Web3 infrastructure, Alchemy powers an extensive range of blockchain applications that facilitate trillions of dollars in financial transactions. They provide developers with essential tools to create scalable applications, ultimately enhancing user experiences within the Web3 ecosystem.

For further information, visit alchemy.com.