Alchemy Pay partners with Backed to launch a fiat RWA investment channel, introducing 55 tokenized U.S. stocks and ETFs.

Foresight News reports that crypto payment company Alchemy Pay has announced a partnership with the RWA tokenization platform Backed. They plan to launch the xStocks product on their Alchemy Pay RWA investment platform, covering tokenized assets of 55 US stocks and ETFs, including Apple, Tesla, Google, SPY, among others, introducing a fiat-to-RWA direct investment channel.