PANews reported on May 17 that according to The Block, Alchemy announced the acquisition of Solana infrastructure provider DexterLab. The acquisition will help Alchemy expand its enterprise-level Solana services. The terms of the transaction have not yet been disclosed.

DexterLab provides a managed web3 service for companies looking to monitor the Solana ecosystem. It provides a raw data API, real-time data feeds, and other services for the Solana mainnet and the broader SVM Rollup and sidechain ecosystem.

Alchemy is a blockchain development platform that provides a variety of tools and infrastructure (such as SDKs, debugging tools, and validator support) to simplify the process of building, scaling decentralized applications, and interacting with protocols. Since its launch, Alchemy has mainly focused on providing solutions for Ethereum and EVM-based networks.