Entrepreneurship, technology, and startups by Joe Lau
Joe Lau is co-founder and Chief Technology Officer of Alchemy, one of the largest blockchain developer platforms globally. Founded in 2017, Alchemy has grown to support more than 10,000 Web3 projects, providing APIs and tools that process transactions exceeding $100 billion annually across Ethereum, Polygon, Optimism, and other chains. In 2022, the company achieved a valuation of $10.2 billion, with Lau retaining approximately 26 percent equity, making his net worth estimated at over $1.5 billion.
Alchemy’s infrastructure powers decentralized applications including OpenSea, Dapper Labs, and leading DeFi protocols. The company has raised more than $500 million from investors such as a16z, Lightspeed, and Coatue. Lau oversees technical strategy and product expansion, including Alchemy University, which trains tens of thousands of developers each year. With thousands of nodes managed and billions of API calls processed monthly, Alchemy plays a central role in scaling blockchain ecosystems. Lau’s work positions him as a pivotal figure for developers and investors who monitor growth in crypto adoption.