Alchemy Pay Bridges Wall Street and Blockchain with Fiat Access to Tokenized Equities
Alchemy Pay has officially unveiled a fiat-to-RWA (real-world asset) investment platform, enabling users in more than 170 countries to buy tokenized U.S. stocks and exchange-traded funds (ETFs) directly with local fiat currencies. The launch marks a pivotal step in democratizing access to global finance and expanding retail participation in tokenized markets.
Seamless Fiat Access to Wall Street On-Chain
Announced on September 16, the new platform was developed in collaboration with xStocks, offering exposure to over 60 major stocks including Apple, Tesla, Coinbase, and SPY. Each tokenized stock is backed 1:1 by actual shares held with regulated custodians, ensuring transparency and investor protection.
Unlike traditional RWA offerings that typically require crypto as an entry point, Alchemy Pay enables direct fiat purchases through widely used payment methods such as Visa, Mastercard, Apple Pay, Google Pay, SEPA, and more than 50 regional options. Execution is supported by partners like Kraken and Backed, with real-time pricing sourced from authorized U.S. stock data providers. Investors can even purchase fractional shares starting at just $1, lowering barriers for entry into global equity markets.
This development makes Alchemy Pay the first globally available product to fuse Wall Street instruments with blockchain rails, advancing its transition from a fiat-crypto payment gateway into a broader digital finance hub.
Riding the RWA Momentum
The timing aligns with the rapid rise of RWA tokenization, which surged 260% in the first half of 2025 to exceed $23 billion, according to Binance Research. Institutional adoption by platforms like Robinhood and Kraken has further validated the sector’s momentum.
For emerging markets, where access to traditional brokerage services is often limited, Alchemy Pay’s fiat-to-RWA platform could prove transformative. By combining fractional tokenized equities with local fiat rails, the company is positioning itself at the center of the fast-growing RWA economy while expanding global financial inclusion.
