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Backed Welcomes Alchemy Pay to the xStocks Alliance

June 12, 2025 By Crypto Reporter PR

Backed is proud to announce that Alchemy Pay, the global fiat-crypto payment gateway, has officially joined the xStocks Alliance—a growing network of industry leaders bringing real-world assets onchain. Through this partnership, Alchemy Pay will integrate Backed’s xStocks, a permissionless line of leading global tokenized stocks and ETFs, directly into its Real-World Asset (RWA) platform.

This integration unlocks seamless fiat access to tokenized equities across over 170 countries and 50+ fiat currencies, enabling users around the world—especially those in underbanked and underserved regions—to invest in some of the world’s most recognized equities with the same ease as buying crypto or making an online payment.

Making Tokenized Equities Truly Global

This partnership marks a major milestone in the adoption of tokenized assets: for the first time, users can directly access a growing portfolio of tokenized stocks—including Apple, Tesla, SPY, and NVIDIA—using local fiat payment methods.

By leveraging Alchemy Pay’s robust fiat on and off-ramp infrastructure, xStocks becomes radically more accessible, enabling borderless investing and providing an intuitive user journey from traditional finance into Web3. For everyday users and crypto-native platforms alike, this opens up a new frontier in wealth creation and capital markets access.

A Catalyst for Growth Across the xStocks Alliance

Alchemy Pay joins a fast-growing ecosystem of pioneers such as Kraken and Solana, who integrate and support xStocks to bring tokenized equities to the masses. Their participation further validates xStocks’ vision of building a neutral, public-good asset layer for programmable finance—designed to be composable across chains, platforms, and user interfaces.

“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.”

“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.”

As adoption of tokenized assets accelerates, we’re seeing a broad shift in how the industry approaches asset issuance and distribution. xStocks is designed to meet this moment—bridging traditional and decentralized finance through neutral, composable infrastructure that can scale with the future of investing. For more information, please visit www.xstocks.com

About Backed 

Founded in 2021, Backed is the leading issuer of compliant tokenized equities and ETFs, including the innovative xStocks line of products. Backed’s products are freely transferable  ERC-20 and SPL tokens compatible with Ethereum and Solana-based platforms. For more information, please visit https://backed.fi/

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.

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