Alchemy Pay Launches Platform to Buy Tokenized US Stocks With Fiat

TheCryptoTimesPubblicato 2025-09-17Pubblicato ultima volta 2025-09-17

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.

Also read: Forward Industries Unveils $4B Share Sale to Boost Solana Strategy


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Fed Research: Crypto Investors Driven by Beliefs, Returns Change Their Decisions

A new working paper from the Federal Reserve Bank of Cleveland provides a novel explanation for cryptocurrency's divergence from traditional financial assets. It finds that American crypto investors are distinguished not by demographics or risk tolerance alone, but by their radically different beliefs about future returns. This divergence in expectations better explains who owns crypto than factors like age or income, a reversal of the pattern seen with stocks or bonds. The research, based on surveys of up to 25,000 US households, shows crypto owners expected an average 22% annual return, compared to just 7% for non-owners. A one-percentage-point increase in an individual's expected return was linked to a 0.8-point rise in ownership likelihood. A randomized experiment revealed that simply showing information about Bitcoin's past 12-month performance increased respondents' desired crypto portfolio share by about 47% and spurred subsequent purchases, primarily among those who previously felt uninformed. The study suggests this dynamic—where past gains attract new buyers, pushing prices higher and reinforcing bullish beliefs—could fuel speculative bubbles. It also indicates crypto wealth gains are treated more like "gambling winnings" than permanent income, boosting purchases of durable goods but not everyday spending. The broader conclusion is that crypto volatility stems partly from investor disagreement and learning, not just market fundamentals. With widespread misunderstanding and shifting expectations driven by performance data, price swings are likely to remain a defining feature of the asset class. Future retail demand may depend not just on Bitcoin's price, but on what information investors receive about its past performance.

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Fed Research: Crypto Investors Driven by Beliefs, Returns Change Their Decisions

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