Alchemy Pay announces launch of fiat-to-RWA investment platform
2025-09-17 15:17:42 Primitive Reading

　Alchemy Pay announced on September 16 the launch of an investment platform that bridges fiat currency to real-world assets (RWA), allowing global users to invest in tokenized US stocks and exchange-traded funds (ETFs) using local currency. Through a partnership with tokenization service provider xStocks, the platform offers investment channels for over 60 stocks, including Apple, Tesla, Coinbase, and the S&P 500 Index ETF (SPY). These tokenized stocks are backed by actual stocks held by regulated custodians at a 1:1 ratio.

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