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Announcement

Alchemy and Cross Finance Partner to Drive dApp Development on the CrossFi Chain

Uruba Niazi

VP of Marketing - Content

20 Sep 2024
2 min read
0 comments

New Partnership

In a move that marks a significant advancement for decentralized finance (DeFi), Alchemy, a renowned web3 development platform, has formed an exciting partnership with Cross Finance, an innovative DeFi platform. Together, they will fuel dApp (decentralized application) development on the CrossFi Chain. This collaboration is set to position Alchemy as a key development partner, providing crucial tools and infrastructure to help developers build and scale dApps, further expanding the possibilities of DeFi.

A New Era for DeFi: CrossFi Chain and Alchemy Join Forces

The CrossFi Chain stands at the intersection of traditional finance and decentralized finance, offering a secure, scalable, and open infrastructure for conducting transparent and efficient financial transactions. This new partnership with Alchemy is particularly exciting as it integrates Alchemy’s top-tier tools and services into the CrossFi Chain ecosystem, enabling streamlined dApp development and deployment.

Alexandar Mamasidikov, CEO of Cross Finance, shared his enthusiasm for the collaboration:
“As we launch the Cross Finance Mainnet, our focus is on pushing the boundaries of decentralized finance. Alchemy’s APIs and expertise in web3 development will be essential in positioning CrossFi Chain as the go-to platform for dApp development.”

Key Features of This Partnership

1. Advanced Blockchain Infrastructure
Alchemy will power dApp development on the CrossFi Chain with cutting-edge infrastructure. Developers can expect to work with a robust platform that supports high throughput (50,000 transactions per second), fast block times (5 seconds), and incredibly low transaction fees ($0.02).
2. Comprehensive Developer Support
Alchemy will offer extensive developer tools and support to ensure teams can build and deploy dApps efficiently. This support includes state-of-the-art APIs, SDKs, and resources designed to accelerate the dApp development process.
3. Fostering dApp Innovation
By joining forces, Alchemy and Cross Finance will encourage developers to create high-performing, secure, and reliable dApps. This partnership is set to ignite innovation across multiple industries, as developers leverage the CrossFi Chain’s scalable infrastructure and Alchemy’s advanced toolkit.
4. Global Scaling and Support
With 24/7 customer service and support, Alchemy ensures developers can scale their applications globally with confidence, knowing they have expert help at their fingertips whenever they need it.

Transforming the Future of Decentralized Finance

This partnership is more than just a technical collaboration; it’s a milestone in the evolution of decentralized finance. The impending CrossFi Mainnet launch will open up vast new possibilities for developers to create transformative financial solutions. Together, Alchemy and Cross Finance are laying the foundation for a future where decentralized applications can drive innovation and efficiency across the global financial system.

For those interested in learning more:

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