Alchemy Pay has unveiled a fiat-to-RWA investment platform that gives access to tokenized U.S. stocks and exchange-traded funds with local fiat, marking a milestone in democratizing global finance.
Summary
- Alchemy Pay launches a fiat-to-RWA investment platform, offering direct fiat access to over 60 tokenized U.S. stocks and ETFs.
- The platform supports payments via Visa, Mastercard, Apple Pay, Google Pay, SEPA, and 50+ local methods, with fractional ownership starting at $1.
- This move taps into the $23B RWA market and positioning Alchemy Pay as a global financial access hub.
Alchemy Pay has rolled out a new fiat-to-RWA platform that allows users across 170+ countries to invest directly in tokenized U.S. stocks and ETFs with their local currencies, lowering the entry barrier for global retail investors.
Alchemy Pay made the announcement via its official channels on Sept. 16. Through a collaboration with tokenization provider xStocks, the platform provides exposure to over 60 stocks, such as Apple, Tesla, Coinbase, and SPY. The tokenized stocks are backed 1:1 by actual shares held with regulated custodians.
Fiat access to Wall Street on-chain
Unlike most RWA offerings that require a crypto on-ramp, Alchemy Pay facilitates direct fiat purchases using Visa, Mastercard, Apple Pay, Google Pay, SEPA, and more than 50 local payment methods.
With execution managed by partners like Kraken and Backed, and real-time pricing compiled from authorized U.S. stock data providers, investors can purchase fractional shares for as little as $1.
This move makes Alchemy Pay the first globally available product that offers seamless fiat access to tokenized stocks by fusing Wall Street instruments with blockchain rails. It also highlights the company’s plan to develop into a more comprehensive digital finance hub rather than just a fiat-crypto payment gateway.
Riding the RWA surge
The launch takes place at a time when RWA tokenization is gaining traction. In the first half of 2025, the RWA market grew 260% to surpass $23 billion, according to data from Binance Research. The recent entry of institutional players like Robinhood and Kraken into tokenized equities has validated the sector’s momentum.
Alchemy Pay’s product could be essential in emerging markets, where traditional brokerage services have often been unavailable. By merging fractional tokenized stocks with regional fiat rails, the platform aims to democratize access to global financial markets and establish its place in the rapidly expanding RWA economy.