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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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Recent Posts
  • Spanish bank BBVA suggests clients make 7% crypto allocation
  • Bitcoin and HYPE could get $844M total windfall from 4 public US firms
  • Bitcoin downside risk lingers, upside hinges on holding above $102K
  • Meta Pool hit with $27M exploit, but attacker flees with only $132K
  • JPMorgan, SEC meet to discuss capital markets moving onchain
  • SEC opens Franklin Templeton XRP, SOL ETF proposals to comments
  • US Senate passes GENIUS stablecoin bill in 68-30 vote

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