Quick breakdown
- Global reach: Available in 170+ countries with 50+ local fiat payment methods.
- Broad access: Offers 60+ tokenized U.S. stocks and ETFs, fully backed by regulated custodians.
- Affordable entry: Enables fractional investing starting at $1.
Alchemy Pay expands beyond payments
Alchemy Pay has introduced a new fiat-to-real-world-assets (RWA) platform, opening the door for retail investors in over 170 countries to purchase tokenized U.S. stocks and exchange-traded funds (ETFs) using local fiat currencies.
The initiative, announced on September 16, marks a major step in the firm’s evolution from a fiat-crypto payment gateway into a broader digital finance hub.
Direct access to Wall Street
Through a partnership with tokenization provider xStocks, the platform offers exposure to more than 60 leading equities, including Apple, Tesla, Coinbase, and the S&P 500 ETF (SPY). Each tokenized asset is backed 1:1 by shares held with regulated custodians, ensuring transparency and security.
🌟#AlchemyPay has launched the fiat-to-RWA investment platform, the first globally available product offering direct fiat access to regulated tokenized assets.
In partnership with @xStocksFi, the platform enables global users to purchase 60+ tokenized U.S. #stocks and #ETFs… pic.twitter.com/sigJOWXyDp
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) September 16, 2025
Unlike most RWA platforms that require crypto on-ramps, Alchemy Pay supports direct fiat payments through Visa, Mastercard, Apple Pay, Google Pay, SEPA, and more than 50 regional payment methods. Investors can buy fractional shares starting from just $1, with execution handled by partners such as Kraken and Backed.
Riding the RWA momentum
The launch comes at a time when tokenization of real-world assets is accelerating rapidly. Data from Binance Research shows the RWA market surged 260% in the first half of 2025 to surpass $23 billion. Recent moves by traditional finance players, including Robinhood and Kraken, into tokenized equities have further validated the sector’s growth trajectory.
Recently, Kraken announced the expansion of its tokenized equities platform, xStocks, to European customers, citing growing interest in blockchain-powered exposure to traditional assets. Robinhood is also laying the groundwork for a major blockchain-powered expansion into Europe, with plans to launch a network that would allow retail investors to trade tokenized U.S. securities,
By integrating local fiat rails with tokenized U.S. stocks, Alchemy Pay is positioning itself to capture demand in emerging markets, where access to traditional brokerage services has often been limited.
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