What Happened: The surge in Alchemy Pay’s price comes after crypto custody services provider Cobo said Thursday it has partnered with crypto-fiat hybrid payment solutions provider Alchemy Pay to add hybrid crypto-to-fiat payment options to its platform.

The two companies will partner to offer overseas payment channels to millions of customers using their services.

ACH is the Ethereum-based (CRYPTO: ETH) governance token of Alchemy Pay. It has a market capitalization of $193.9 million.


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