Alchemy Pay Secures Arizona License, ACH Price Surges 47%

Alchemy Pay has expanded its regulatory reach with the acquisition of a Money Transmitter License in Arizona. This marks their ninth U.S. state approval and coincides with a significant price surge for their native token, ACH. The company’s growth strategy is further fueled by on-ramp infrastructure expansion through partnerships with major networks like Mantle Network and HashKey Chain. This momentum has resulted in a 47% price jump for the past week, currently trading around $0.027. Notably, this increase comes as Alchemy Pay prepares to launch its own layer-1 blockchain, Alchemy Chain, which is expected to be released soon.