According to Foresight News, crypto payment company Alchemy Pay has announced a partnership with RWA tokenization platform Backed, planning to launch xStocks products on its Alchemy Pay RWA investment platform, covering 55 tokenized US stocks and ETFs including Apple, Tesla, Google, SPY, and more, introducing a direct fiat-to-RWA investment channel.
In the future, users will be able to directly purchase these tokenized assets with fiat currency without holding cryptocurrencies or going through intermediary brokers, lowering the barrier for global users to access traditional financial assets. Alchemy Pay stated that it will continue to expand more on-chain RWA assets and partnerships in the future.
