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Alchemy Pay has expanded its Real World Assets (RWA) platform by partnering with Backed to offer tokenized stocks and ETFs, enabling global investors to access top equities using local fiat currencies.
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This collaboration allows non-U.S. users across more than 170 countries to seamlessly invest in tokenized versions of major stocks like Apple, Tesla, and Google, as well as popular ETFs such as the S&P 500.
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According to COINOTAG, Alchemy Pay’s CMO Ailona Tsik emphasized, “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.”
Alchemy Pay partners with Backed to enable tokenized stocks and ETFs on its RWA platform, offering global investors easy access to top equities in local fiat currencies.
Alchemy Pay and Backed Partnership Unlocks Global Access to Tokenized Stocks and ETFs
In a significant move towards democratizing investment opportunities, Alchemy Pay has integrated Backed’s xStocks into its Real World Assets platform. This partnership empowers investors outside the U.S. to purchase tokenized equities and ETFs using their native fiat currencies, eliminating traditional geographic and financial barriers. Backed’s xStocks are permissionless tokens pegged 1:1 to real-world assets, ensuring transparency and stability. With over 55 tokenized stocks available, including high-profile companies like NVIDIA and Meta, alongside ETFs tracking major indices such as the S&P 500, this initiative broadens market participation for retail investors worldwide.
How Tokenized Assets Enhance Market Accessibility and Liquidity
Tokenization of stocks and ETFs represents a transformative approach to asset ownership by leveraging blockchain technology to fractionalize and digitize traditional securities. This process increases liquidity by enabling smaller investment increments and facilitates faster, borderless transactions. Alchemy Pay’s platform supports local fiat payments, simplifying the user experience and reducing entry barriers for investors unfamiliar with crypto wallets or exchanges. The integration with Backed’s xStocks also aligns with the growing trend of Real World Assets on-chain, bridging conventional finance with decentralized ecosystems. Industry experts highlight that such innovations could reshape global capital flows by making equity markets more inclusive and efficient.
The Role of the xStocks Alliance in Standardizing On-Chain Equities
The xStocks Alliance, a consortium of crypto exchanges and trading platforms, plays a pivotal role in promoting Backed’s tokenized equities as an industry standard. Early supporters like Kraken and the Solana Foundation have contributed to the alliance’s momentum, with Kraken recently announcing plans to launch xStocks on the Solana blockchain. This collaboration fosters interoperability and liquidity across multiple platforms, enhancing investor confidence and regulatory compliance. By establishing a unified framework for tokenized stocks and ETFs, the alliance aims to streamline access and trading of on-chain equities globally.
Implications for Regulatory Compliance and Investor Protection
While tokenized assets offer numerous advantages, regulatory considerations remain paramount. Backed’s xStocks are designed as permissionless tokens but are backed 1:1 by real-world securities, which necessitates adherence to securities laws in various jurisdictions. Alchemy Pay and Backed emphasize compliance and transparency, working closely with regulators to ensure investor protections are maintained. This approach mitigates risks associated with fraud and market manipulation, fostering a safer environment for retail investors entering the tokenized asset space.
Conclusion
The partnership between Alchemy Pay and Backed marks a crucial advancement in the integration of traditional equities with blockchain technology, expanding investment access for a global audience. By enabling tokenized stocks and ETFs to be purchased with local fiat currencies, this collaboration addresses longstanding barriers in financial markets. As the xStocks Alliance continues to grow and regulatory frameworks evolve, tokenized equities are poised to become a mainstream investment vehicle, offering enhanced liquidity, transparency, and inclusivity for investors worldwide.
