Hassan Maishera
On Thursday, the Alchemy Pay team announced via a blog post that it has partnered with Backed, a pioneer in equity tokenization, to integrate 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.
Thanks to this integration, users worldwide will gain exposure to leading equities, featuring over 55 tokenized ETFs and stocks, including SPY, Apple, NVIDIA, Tesla, Meta, Google, and more.
Alchemy Pay is a payment system focused on retail transactions at the point of sale and peer-to-peer remittance. Users can make payments using fiat, stablecoins, and other cryptocurrencies on traditional payment systems. Alchemy Pay’s ACH token is down 9% in the last 24 hours and trades at $0.01895.
