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HONG KONG, June 12, 2025 /PRNewswire/ — Alchemy Pay, the leading fiat-crypto payment gateway, is excited to join the xStocks Alliance, a network of forward-thinking exchanges and platforms set to shape the future of capital markets. In collaboration with Backed, a pioneer in equity tokenization, Alchemy Pay is integrating xStocks on its RWA (real-world asset) platform. xStocks are Backed’s new line of tokenized stocks and ETFs, empowering non-U.S. users to access tokenized versions of leading global stocks and ETFs directly with local fiat currencies.
This highly anticipated collaboration will bring to life a new fiat-to-RWA investment gateway. Through this integration, users around the world will be able to get exposure to leading equities, with over 55 tokenized ETFs and stocks including SPY and Apple, NVIDIA, Tesla, Meta, Google, and more. These assets, issued following a robust regulatory framework and backed 1:1 by the underlying equity, bring a new level of accessibility and transparency to traditional equity markets.
The launch of xStocks on Alchemy Pay’s RWA platform represents a major leap forward in expanding access to global equity markets—particularly for individuals in underbanked regions where traditional financial services are limited or non-existent. By enabling direct fiat-to-RWA transactions, Alchemy Pay opens the door for everyday users in emerging markets to invest in leading global stocks and ETFs—assets that have historically been out of reach due to high entry costs, complex brokerage systems, and restricted financial infrastructure.
Tokenized equities provide unique advantages for these users, offering fractional ownership, 24/7 on-chain liquidity, and seamless transferability. This creates a new class of accessible, borderless investment tools that empower individuals to build wealth and participate in the global financial system, regardless of their local banking conditions.
“This upcoming launch is a major milestone not only for Alchemy Pay but for the entire RWA ecosystem,” said Ailona Tsik, CMO at Alchemy Pay. “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.”
“Backed’s globally leading tokenization technology for U.S. stocks and ETFs, combined with Alchemy Pay’s global support of an unparalleled network of fiat channels and 8 years experience of bridging Web2 and crypto economies, have made this partnership a match made in heaven. ” Added Romeo Luo, Chief Revenue Officer at Alchemy Pay, “We are incredibly proud to be a pioneer in the payment industry, constantly pushing boundaries by driving innovation and bringing financial equality to global users.”
“We’re thrilled to partner with Alchemy Pay to further expand access to xStocks and bring tokenized equities to a truly global audience,” said Adam Levi, co-founder of Backed. “This integration marks another significant step toward making xStocks—and the broader xStocks Alliance—the industry standard for on-chain equities. We envision a future where tokenization becomes the default model for asset issuance, trading, and settlement worldwide. With its transparency, efficiency, and global accessibility, tokenized finance isn’t just an innovation—it’s the future of capital markets.”
Founded in 2021, Backed is one of the most established and respected issuers in the RWA space. Its tokenization infrastructure is designed to uphold the highest standards of regulatory compliance and market integrity. The xStocks product line will soon be integrated across a wide range of exchanges, blockchain ecosystems, and DeFi protocols—including Kraken, Solana, and, in the near future, Alchemy Pay’s RWA platform.
As Alchemy Pay continues to expand its global fiat onramps and coverage across 173+ countries and 300+ payment channels, the upcoming launch of xStocks will further position the platform as a central hub for real-world asset investments, unlocking new possibilities for users across markets, continents, and financial status. Looking ahead, Alchemy Pay will continue to onboard more strategic RWA partners, exploring additional categories such as tokenized bonds, real estate, and commodities, building a truly inclusive financial ecosystem that bridges TradFi and DeFi for the next generation of global investors.
About Backed
Backed issues permissionless tokens that track the value of real-world assets following a robust regulatory framework, backed 1:1 by the underlying equity. Backed offers tokenization services to institutional clients, bridging the gap between TradFi and DeFi.
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Not for the distribution to any U.S. Person or any person or address in the United States.
Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S. Persons, and tokens are not marketed, offered, or solicited in the U.S. or in any other prohibited jurisdiction.
For a full list of prohibited and restricted countries and to review legal documentation, please visit https://www.assets.backed.fi/legal-documentation
About xStocks
xStocks is a new line of tokenized assets by Backed Finance, set to transform how investors interact with financial markets. With over 50 tokenized equities and ETFs, including Apple, Tesla, and Nvidia, xStocks expands access to U.S. markets to users around the globe. Launching in partnership with Kraken and debuting first on Solana, they enable 24/7 trading and seamless integration with DeFi for open, accessible, programmable finance.
Backed drives this initiative, leveraging its expertise in regulatory compliance and asset security. As a pioneer in tokenized securities, Backed issues xStocks as permissionless tokens that track the value of real-world assets and are backed 1:1 by the underlying equity. xStocks are neutral assets designed for the public good, reaching users in popular chains and trusted apps.
About Alchemy Pay
Founded in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off-Ramp, Web3 Digital Bank, NFT Checkout and its newly launched RWA platform, Alchemy Pay supports fiat payments in 173 countries.
The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The RWA platform allows global users to invest in tokenized real-world assets using local fiat currencies, lowering entry barriers and democratizing access to traditional financial instruments. Our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. Additionally, the NFT Checkout enables direct purchases of NFTs using fiat payment methods. ACH is the Alchemy Pay network token on the Ethereum blockchain.
