Alchemy Pay Partners with ZBX Group for EU Crypto Payment Solutions

Alchemy Pay has invested in and formed an exclusive strategic cooperation with ZBX Group, a MiCA-licensed entity in the European Union, announced in a press release. This partnership aims to enhance crypto payment solutions by combining business collaboration with capital support, creating a robust framework for market entry and operations.

The cooperation leverages ZBX Group's regulatory expertise and Alchemy Pay's global network to advance compliant on and off-ramp solutions for both European and global markets. The collaboration will focus on delivering fully compliant Visa, Mastercard, and local bank payment channels to Web3 users, bridging traditional finance and digital assets.

This strategic move is significant due to the high regulatory standards set by the EU's MiCA framework, which only a few companies, such as Circle and Robinhood, have successfully navigated. The partnership is expected to include equity participation and governance coordination, subject to regulatory approvals, to ensure sustainable services for ecosystem partners and customers.