- Alchemy Pay and Backed launch 55 tokenized U.S. ETFs and shares.
- Non-U.S. customers make investments with fiat throughout 170+ nations.
- xStocks provide 1:1 backing and 24/7 on-chain liquidity.
Alchemy Pay, a significant fiat-crypto fee gateway, introduced a collaboration with Backed to tokenize ETFs and shares and record them on its real-world asset (RWA) platform. The corporate launched the product on June 12, 2025, that includes 55 tokenized U.S. exchange-traded funds (ETFs) and shares, together with high-profile property like Apple, Tesla, NVIDIA, and SPDR S&P 500 ETF Belief.
The mixing will permit worldwide purchasers (exterior the U.S.) to buy tokenized property of their native fiat currencies by means of Backed xStocks. The platform will goal areas which have low entry to the U.S. monetary markets and provide an efficient fiat-to-RWA transaction platform.
Tokenized Property Broaden World Funding Entry
The partnership will allow customers throughout over 170 nations to put money into tokenized shares through the Alchemy Pay platform, which helps 50 fiat currencies and over 300 fee channels, together with cell apps, financial institution playing cards and native fee providers.xStocks are decentralized, permissionless tokens which might be clear, reliable, and supported by underlying securities. Backing them up is backed.
The fractional possession reduces the barrier to funding, allowing smaller retail funding. The platform offers 24/7 on-chain liquidity that enables everybody to commerce easily even exterior the same old market hours within the conventional setting. The crew has already made a prototype accessible by means of a particular portal, and so they plan to introduce the complete model in August 2025.
Based on Ailona Tsik, chief advertising and marketing officer of Alchemy Pay, the venture is monumental because it “annihilates the partitions of monetary exclusion” and “opens the world markets to the mainstream buyers.”
Multi-Chain Roadmap and Strategic Imaginative and prescient
Helps xStocks on the Solana blockchain, which is in step with Kraken’s future RWA platform. Alchemy Pay will seemingly allow extra blockchains, corresponding to Ethereum and Polygon, to extend the supported property and improve cross-compatibility.
The corporate has plans to grow to be a major hub in RWA investments, and it’ll quickly tokenize bonds, actual property, and commodities. Chief income officer Romeo Luo continued: “Backed combines its tokenization capabilities with its strong fiat infrastructure to unite conventional finance and Web3.”
It ought to be famous that the focused viewers of the Alchemy Pay platform doesn’t embody the residents of the United States since they have already got entry to the equities buying and selling alternative by means of the providers of extremely established brokerages, together with Robinhood and Constancy. The corporate now focuses on underbanked markets in Asia, Africa, and Latin America, the place monetary infrastructure stays underdeveloped.
Regulatory Compliance and Safety Measures
Backed creates tokenized property that adjust to European rules and controls them beneath a framework in Switzerland.Unbiased custodians’ verification of every xStock tokenizes the asset backing and safety to the buyers. To assist with compliance in several nations, Alchemy Pay additionally affords efficient KYC and AML techniques.
The platform leverages on the immutability characteristic of blockchain to supply clear report conserving and sensible contracts to automate settlement processes that decrease counterparty dangers. These elements contribute to Alchemy Pay serving as a safe onramp to the worldwide use of RWA.