Alchemy Pay integrates tokenised Wall Street assets with xStocks, enabling direct purchase of stocks and ETFs.
Payments provider Alchemy Pay launched its fiat-to-RWA investment platform with xStocks integration, allowing users worldwide to purchase tokenised US stocks and ETFs directly using local fiat currencies.
At launch, the platform supports more than 60 tokenised equities, including Apple, Tesla, Circle, Coinbase, and SPY. Payment methods include Visa, Mastercard, Apple Pay, and Google Pay in over 170 countries, offering direct fiat access to tokenised assets.
The tokens, issued by Backed’s xStocks, are 1:1 backed by real shares held with regulated custodians and reflect benefits such as dividends and stock splits. Pricing is aggregated from institutional-grade sources while execution partners Kraken and Backed ensure liquidity and uptime.
By combining fiat payments with regulated tokenisation, the platform removes barriers traditionally faced by global investors, particularly in emerging markets, such as brokerage access, high entry thresholds, and jurisdictional restrictions.
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