According to a recent LinkedIn post from Alchemy, the company is a founding partner of the Solana Developer Platform, a new API-driven offering from the Solana Foundation aimed at enterprises and financial institutions building onchain. The post indicates that the platform aggregates infrastructure into a single API layer with three modules focused on issuance, payments, and trading.
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The LinkedIn post notes that issuance and payments modules are already live, with early institutional users reportedly including Mastercard for stablecoin settlement, Worldpay for merchant payments, and Western Union for cross-border payments. This adoption is framed as signaling an inflection point for institutional use of onchain infrastructure.
As shared in the post, Alchemy highlights an eight-year track record powering institutional blockchain applications for firms such as Robinhood, Visa, and Stripe, and cites processing $4.2 trillion in annual onchain transactions across more than 160 countries. The collaboration around Solana’s enterprise-focused platform may strengthen Alchemy’s positioning in institutional-grade blockchain infrastructure and could support transaction volume growth if onchain adoption by large financial players continues.
For investors, the post suggests that Alchemy is deepening its role within the Solana ecosystem while targeting higher-value use cases like tokenized deposits, stablecoins, real-world assets, and onchain FX. If the Solana Developer Platform gains traction among major financial institutions, Alchemy’s involvement as a founding partner and infrastructure provider could enhance its competitive standing in the broader digital asset infrastructure market.