Alchemy Pay collaborates with Backed to expand tokenization ETF and stock exposure

Gate News bot message, the Crypto Assets payment platform Alchemy Pay announced that it is expanding its business into real-world assets (RWA) through a new partnership with the tokenization company Backed.

The company plans to launch 55 tokenized U.S. exchange-traded funds (ETF) and stocks on its RWA platform through Backed xStocks integration.

This launch will enable direct trading between fiat currency and RWA, focusing on regions that have difficulty accessing US investment products.

Source: Cointelegraph

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)