ALCHEMY GPS SINGAPORE PTE. LTD. (Alchemy Pay)

Alchemy Pay is a payment gateway that facilitates transactions between traditional fiat currencies and cryptocurrencies, aiming to bridge the gap between these two economies. Its mission is to promote the global adoption of cryptocurrency and Web3 applications by providing accessible payment solutions that connect fiat and crypto ecosystems. The company was founded in 2018 and is headquartered in Singapore.

Alchemy Pay offers a comprehensive suite of services, including fiat-crypto "On & Off Ramps" for buying and selling digital assets, Crypto Card solutions for branded virtual and physical cards, a Web3 Digital Bank for multi-fiat accounts and instant conversions, NFT Checkout for direct fiat purchases of NFTs, and general crypto payment acceptance for merchants. These solutions support payments in 173 countries and leverage over 300 fiat payment channels, catering to merchant enterprises, e-commerce platforms, blockchain networks, and various other financial entities.

Led by CEO John Tan and co-founder Shawn Shi, Alchemy Pay has been actively expanding its global regulatory footprint, securing numerous Money Transmitter Licenses (MTLs) in various U.S. states, including Maine, Rhode Island, Iowa, and Arkansas, among others. The company has also joined the Mastercard Crypto Partner Program and is developing "Alchemy Chain," a dual-compliant global stablecoin payment network, and "AlchemyX" for the AI Agent ecosystem. Its native utility token, ACH, plays a role in transaction fees, staking, and governance within its ecosystem.