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Alchemy Pay taps Backed to expand access to tokenized ETFs, stocks

cryptoweekly by cryptoweekly
June 12, 2025
in bitcoin, News
0

Alchemy Pay is preparing to launch 55 US tokenized ETFs and stocks on multiple networks, including Solana, via Backed’s xStocks.

Cryptocurrency payment platform Alchemy Pay is expanding into real-world assets (RWA) through a new partnership with tokenization firm Backed, the company said in a Thursday announcement shared with Cointelegraph.

The company plans to launch 55 tokenized US exchange-traded funds (ETFs) and stocks on its RWA platform via Backed’s xStocks integration.

The rollout will enable direct fiat-to-RWA transactions with a focus on regions with limited access to US investment products.

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  • Ether Machine founder claims ETH outperformed BTC over past 10 years
  • Roman Storm could go for mistrial over scam victim’s testimony: Report
  • DeFi Development Corp hits 999,999 SOL, Solana soars 12%
  • Hive Digital accelerates AI pivot with $100M HPC expansion — Cointelegraph exclusive
  • Judge allows testimony on ‘feasible’ Tornado Cash code changes
  • Crypto ATMs seized in the UK amid growing scrutiny of kiosk-based exchanges
  • Polymarket set to reenter US with $112M acquisition of QCEX derivatives exchange

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