AWS Veteran Bill Platt Joins Alchemy as COO

We’re excited to announce that we have a new Chief Operating Officer: Bill Platt, a veteran of Amazon Web Services, who has joined us to guide our next phase of growth as AI and blockchain converge.

Bill brings more than three decades of experience scaling infrastructure systems used by millions of developers worldwide. At AWS, he led large-scale “agentic AI” initiatives including AWS Transform, Kiro, and Amazon Q Developer, which helped enterprises modernize their workloads and adopt AI-powered systems.

Now at Alchemy, he’ll apply that same operational depth to a new frontier: building the foundation for autonomous, AI-driven financial systems.

Scaling through volatility

Bill’s arrival follows one of the most intense stress tests we’ve ever seen in crypto. On October 10th, crypto markets faced the largest liquidation cascade in history, and Alchemy’s Cortex engine kept critical applications like Polymarket and World running smoothly.

While infrastructure across the industry faltered, Alchemy maintained 99.9% uptime during record transaction volumes, proving the resilience of our intelligent blockchain engine and the team behind it. It’s the kind of operational challenge that Bill has built his career around.

“Bill's experience scaling infrastructure at AWS comes at exactly the right time for our industry,” said Nikil Viswanathan, Alchemy’s CEO. “His track record proves he understands how to serve the scale of demand we’re currently seeing, while building the next-generation infrastructure layer to power the next wave of adoption.”

From cloud computing to programmable finance

Bill spent his career navigating computing shifts — from mainframes to cloud, and now, to the age of AI. To him, blockchain feels familiar.

“Web3 today looks like cloud computing ten years ago,” Bill said. “Developers are migrating fast, enterprises are demanding more, and the infrastructure needs to scale immediately. The difference is that AI is compressing what took the cloud a decade into just a few months.”

At Alchemy, Bill will lead efforts to expand our infrastructure capacity, embed AI deeper into our platform, and make it easier for developers to build autonomous financial applications—without needing to become AI experts themselves.

The convergence of AI and blockchain

AI-related crypto projects now represent more than $35 billion in total market capitalization, signaling a new phase of growth for onchain innovation. That intersection—where intelligent systems meet programmable money—is where we are focusing our next chapter.

Our Cortex engine already powers millions of portfolio requests per day for apps like Coinbase Wallet, reduces onchain costs for Polymarket by over 40%, and doubles transaction volume for Usual, a DeFi protocol.

Bill sees this as the foundation for “agentic economies”—ecosystems of autonomous software that can transact, lend, and exchange digital assets on behalf of their users.

“Stablecoins are the programmable fuel for AI-native economies,” he said. “When paired with AI agents, they enable systems to negotiate, coordinate, and move value autonomously. Just as AWS enabled every company to become a technology company, Alchemy is enabling every financial service provider to become a programmable money institution.”

Looking ahead

Bill’s arrival marks a pivotal moment for Alchemy as we prepare for the next evolution of onchain infrastructure—one where developers, enterprises, and AI systems will all interact in the same programmable environment.

We’re building the tools to make that future accessible to everyone who’s shaping it. Because at Alchemy, the next era of financial infrastructure isn’t just powered by code—it’s powered by builders, both human and machine.