The integration of Alchemy Pay into xStocks Alliance will give users around the world access to top equities, including over 55 tokenized U.S stocks and ETFs.
Issuer of compliant tokenised equities Backed announced that crypto payment gateway Alchemy Pay joined the xStocks Alliance, a growing network of industry leaders bringing real-world assets on-chain.
Through the partnership, Alchemy Pay will integrate Backed’s xStocks, a permissionless line of leading global tokenised stocks and ETFs, directly into its Real-World Asset (RWA) platform.
The partnership also unlocks seamless fiat access to tokenised equities, enabling users to invest in recognised equities with the same ease as buying crypto. Users can directly access tokenised stocks including Apple, Tesla, SPY, and NVIDIA using Alchemy Pay’s fiat on and off-ramp infrastructure.
“By introducing the world’s first fiat-to-RWA gateway, we’re redefining how people engage with financial markets. Together with Backed, we’re making it possible for regular people to access leading global stocks and ETFs, breaking down the legacy walls that have kept too many people out. This is how we onboard the next billion users to Web3 with the ambition to be the global financial hub.” commented Ailona Tsik, CMO at Alchemy Pay.
