Alchemy Pay Launches Platform to Buy Tokenized US Stocks With Fiat

In partnership with Backed's xStocks, the platform allows users worldwide to purchase tokenized U.S. stocks and ETFs directly with local currencies.

Alchemy Pay Launches Platform to Buy Tokenized US Stocks With Fiat

Alchemy Pay has launched a new platform enabling users to invest in tokenized U.S. equities using local currencies. The service, which was introduced on September 17, 2025, combines xStocks to provide tokenized stocks and Exchange-Traded Funds (ETFs). This makes Wall Street assets available to people all over the world.

The platform allows users in over 170 countries to purchase these tokenized assets, known as Real-World Assets (RWAs), directly with fiat. The system supports a wide range of payment methods, including Visa, Mastercard, Apple Pay, and Google Pay, alongside more than 50 local payment options. 

The tokenized stocks are issued through a partnership with Backed, a regulated provider whose xStocks product has already seen over $4 billion in trading volume across various exchanges.

Investors can get small amounts of more than 60 different stocks through the Alchemy Pay RWA app. These stocks include big names like Apple, Tesla, and Coinbase. One of its best features is that it’s easy to get into; the minimum payment is only $1. This structure is meant to make business opportunities easier for many people around the world that couldn’t get to them before.

This launch comes as the RWA sector experiences significant growth. The RWA business is growing quickly at the same time as this launch. Recent data shows that the sector grew 224% since 2024. Robinhood and Kraken are two big examples of players of the Real World Asset ecosystem Alchemy Pay is the latest in a growing trend in the industry to combine traditional financial assets with blockchain technology.

Alchemy Pay’s initiative represents a significant step in democratizing access to global financial markets. By allowing investors, particularly those in emerging economies, to bypass traditional brokerage hurdles and invest directly in U.S. equities with local currencies, the platform removes longstanding barriers to entry. The combo speeds up the adoption of RWAs, making blue-chip investments more open and available to everyone around the world.

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