Hassan Maishera
On Wednesday, the Alchemy Pay team announced via a blog post that it has invested in and entered into an exclusive strategic cooperation with MiCA-licensed ZBX Group in the European Union.
Leveraging ZBX Group’s regulatory expertise and compliance capabilities alongside Alchemy Pay’s global network and product strengths, the two entities will jointly advance a compliant on and off-ramp solution for the European and global market.
The partnership seeks to deliver fully compliant Visa, Mastercard, and local bank payment channels to global Web3 users, providing a seamless and trusted bridge between traditional finance and digital assets. The investment is also expected to be structured as equity participation together with associated governance coordination mechanisms.
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 1.6% in the last 24 hours and trades at $0.01783.
