Alchemy Pay and the CKB Eco Fund have joined forces to create a strategic partnership that enables users to purchase CKByte ($CKB) directly through Alchemy Pay’s fiat-crypto payment gateway. This collaboration aims to make $CKB more accessible by providing a seamless and compliant purchasing process.
By utilizing Alchemy Pay’s on-ramp, users can now effortlessly buy $CKB, the first fully BTC-isomorphic Layer 2 protocol, using various fiat payment methods such as Visa, MasterCard, mobile wallets, and more. This partnership allows users to securely purchase $CKB through the CKB Eco Fund’s website or directly on the Alchemy Pay Ramp platform, providing a convenient and compliant experience.
CKByte ($CKB) plays a crucial role in the Nervos Network, where it is utilized for transaction fees and data storage. With 1 CKB, users can store one byte of data on the network’s base layer. The CKB Eco Fund, known for its support and investment in projects connecting CKB to the Bitcoin ecosystem, focuses on decentralized application development in sectors like DeFi, gaming, and NFTs.
Established in 2017, Alchemy Pay specializes in bridging the gap between cryptocurrency and traditional fiat payments. With a presence in 173 countries and over 300 payment channels, the platform supports a wide range of local mobile wallets and ensures a smooth checkout process. Alchemy Pay holds global licensing in regions such as the UK, U.S., Canada, Indonesia, and Lithuania, demonstrating its commitment to regulatory compliance and establishing itself as a trusted leader in the crypto payment industry.
The CKB Eco Fund’s mission centers around connecting CKB with the Bitcoin ecosystem. In January 2024, the fund launched the BTCKB initiative, which focuses on improving Bitcoin’s blockchain integration with the CKB network. This initiative aims to enhance Bitcoin’s programmability and introduce smart contract functionalities through CKB’s innovative architecture.
The partnership between Alchemy Pay and the CKB Eco Fund represents a significant milestone in expanding access to $CKB and bridging the gap between the fiat and crypto ecosystems. With Alchemy Pay’s robust infrastructure and CKB’s cutting-edge technology, this collaboration will advance digital asset accessibility and drive innovation within the blockchain sector.
