Alchemy – the US-based blockchain infrastructure services provider – has reportedly received financial investments from a wide array of big names in their respective fields, including Stanford University. 

Specifically, Alchemy – a startup that aims to provide reliable blockchain infrastructure tools – has successfully gathered $15 million equivalents of investments, coming from the leaders of numerous major corporations across industries, including Yahoo’s co-founder Jerry Yang and LinkedIn’s co-founder Reid Hoffman. 

Charles Schwab – digital assets management and consulting firm – has also decided to invest resources into Alchemy, as an initiative from its Series A financing. 

Alchemy has become the next name, along with a few brick and mortar corporations previously, nominally Amazon Web Services (AWS) and Oracle, to provide blockchain solutions for every customer with inquiries.

Stanford alumni Nikil Viswanathan and Joe Lau – who have jointly established Alchemy – believe in the positive prospect of a promising adoption rate, concerning their blockchain project. 

“We want to be the Microsoft for blockchain.” The pair shared with Bloomberg. 

“In the ’70s and ’80s only researchers used computers and today everyone uses a computer,” Lau referred to the insufficient use of computers back in the past, and compared them to the situation of blockchain nowadays.