KEY TAKEAWAYS
- Alchemy Pay launches an upgraded RWA investment platform with Kraken’s institutional-grade liquidity.
- The integration with Kraken’s Pro API enhances liquidity for over 60 tokenized assets, improving trading experiences.
- This collaboration democratizes access to global markets, allowing users to trade tokenized equities with local currencies.
- xStocks has surpassed $10 billion in transaction volume, highlighting significant market interest in tokenized assets.
Alchemy Pay, a prominent fiat-crypto payment gateway, has announced the upgraded launch of its Real-World Asset (RWA) investment platform, now integrated with institutional-grade liquidity from Kraken, a leading global crypto exchange. This development, announced here, marks a significant enhancement in Alchemy Pay’s offerings.
The strategic integration with Kraken’s Pro API allows Alchemy Pay to provide its global users with deep and stable liquidity for Backed’s xStocks offerings, which include over 60 tokenized assets. This move aims to deliver a world-class trading experience, enabling users to execute orders of any size with minimal price slippage.
Following strong initial demand for tokenized shares of companies like NVIDIA and Apple, Alchemy Pay’s platform now connects to Kraken’s robust API. This connection ensures users can confidently trade across the entire range of xStocks offerings.
Expanding Access to Global Markets
This collaboration between Alchemy Pay, Backed, and Kraken facilitates a global fiat-to-RWA gateway, breaking down traditional barriers in financial markets. By leveraging Alchemy Pay’s extensive network of over 300 local payment channels across 173 countries, users in emerging markets can bypass complex brokerage systems and use local currency to access fractional shares of assets like tokenized SPY, Tesla, and Google.
The integration aims to democratize traditional finance by providing access to global capital markets, allowing users worldwide to trade tokenized equities without compromising on liquidity. This initiative is part of a broader effort to make financial markets more accessible and inclusive.
Market Impact and Future Prospects
xStocks, Backed’s flagship line of tokenized stocks and ETFs, are fully backed 1:1 by the underlying equity, offering non-U.S. users direct, fractional access to leading global stocks. The platform has seen significant market interest, with xStocks surpassing $10 billion in total transaction volume just four months after its public launch.
Industry analysts predict that the tokenization of global real-world assets, including stocks, real estate, and private credit, represents a market opportunity valued in the trillions of dollars in the coming years. By pioneering fiat-to-RWA access and providing necessary institutional-grade liquidity, Alchemy Pay, Backed, and Kraken are actively contributing to the transformation of traditional finance.
Why This Matters: Impact, Industry Trends & Expert Insights
Alchemy Pay’s integration with Kraken’s liquidity support enhances its Real-World Asset (RWA) platform, facilitating smoother trading experiences for users globally by providing deep liquidity and minimizing price slippage.
Recent industry reports indicate that the tokenization of real-world assets is transitioning from pilot phases to scalable, institutional-grade markets. This is evident in Alchemy Pay’s strategic collaboration with Kraken, which aims to democratize access to global capital markets by enhancing liquidity and trading capabilities for tokenized assets.
A report by Cryptonomist highlights that fiat-to-crypto gateways are crucial for mass adoption, enabling near-instant settlement and seamless cross-border transactions. This reinforces Alchemy Pay’s role in breaking down traditional financial barriers and expanding access to global markets through its extensive payment network and integration with Kraken’s liquidity.
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