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Alchemy Pay Partners with MTT Sports, Backed by Hong Kong-Listed Boyaa Interactive International


News provided by

Alchemy Pay

Aug 27, 2025, 08:24 ET

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HONG KONG, Aug. 27, 2025 /PRNewswire/ -- Alchemy Pay, the world-leading fiat-crypto payment gateway, has entered into a strategic partnership with MTT Sports, a Web3 gaming platform backed by Boyaa Interactive International Ltd. (Stock Code: 0434), a Hong Kong-listed gaming company actively transitioning into the Web3 space. This partnership marks a step forward in Alchemy Pay's broader strategy to position itself as a key crypto infrastructure player in Hong Kong and across Asia.

Through this partnership, Alchemy Pay's powerful fiat on-ramp solution is now integrated into the MTT Sports platform, enabling seamless purchases of the platform's native token, $MTT. Players on MTT Sports can now instantly fund their gaming wallets, make in-game purchases, and access tournaments from 173 countries.

In 2024, Boyaa Interactive made headlines by investing 100 BTC into MTT ESports, the developer behind MTT Sports and the Cosmos-based MTT Network. The company has since deepened its commitment with an additional $4.18M in USDT to acquire 10% of the total issued $MTT tokens. Combined, Boyaa now holds a 25% equity stake in MTT ESports, with total investments nearing $10 million.

Notably, Boyaa Interactive also holds Bitcoin on its balance sheet, aligning with the growing trend of traditional, listed enterprises embracing crypto assets to strengthen innovation, investor appeal, and long-term positioning in the digital economy.

MTT Sports is a Web3 Texas Hold'em tournament platform offering free-entry gameplay and cryptocurrency prize pools, with 100 BTC in total prizes funded by Boyaa's initial investment. The platform is built for mass adoption and is already gaining traction among gamers and crypto enthusiasts. The integration of Alchemy Pay's fiat-crypto on-ramp unlocks even greater accessibility via fiat payment methods such as Visa, Mastercard, Apple Pay, Google Pay, mobile wallets, and local bank transfers, empowering users to engage with the ecosystem more easily than ever.

While technically significant, this integration is part of a much larger vision to enable traditional companies like Boyaa to enter and scale in Web3 through compliant and user-friendly infrastructure. This collaboration aligns with Alchemy Pay's ongoing commitment to building strategic infrastructure in regions driving regulatory clarity and Web3 innovation. As Hong Kong continues to develop its role as a hub for digital assets, Alchemy Pay is positioned at the forefront, supporting platforms and enterprises with the tools they need to succeed.

About Boyaa Interactive

Boyaa Interactive International Ltd.("Boyaa Interactive" or "the Company"), founded by Mr. Wei Zhang in 2004, was successfully listed on the Hong Kong Stock Exchange on November 12, 2013. Boyaa Interactive is a global online game operator specializing in developing and operating online card and board games. Looking ahead, the Company aims to promote and expand its Web3 game-related business, and position itself as a pure and leading Web3 listed company.

With its dedicated spirit, unique creative design, and solid technical capabilities, Boyaa Interactive has created a portfolio of approximately 70 online games through independent development and multi-platform refined operations. Boyaa Interactive excels in game localization, continuously enhancing game features to meet cultural and market demands across various regions, and expanding its market reach. To date, Boyaa Interactive has accumulated over 530 million registered players in over 100 countries and regions, offering game products in approximately 12 languages.

About MTT Sports

MTT Sports is a Web3 Texas Hold'em tournament platform for PC and mobile, offering free entry for players to compete and win cryptocurrency prizes. The platform hosts high-stakes Bitcoin tournaments with 1 BTC prize pools per event, totaling 100 BTC across all events—funded directly by strategic investor Boyaa Interactive International Ltd. (HKG:0434). In 2024 and 2025, Boyaa committed a combined investment of approximately $10 million into MTT ESports, the developer of MTT Sports and the Cosmos-based, EVM-compatible MTT Network.

About Alchemy Pay

Founded in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off-Ramp, Web3 Digital Bank, NFT Checkout and its newly launched RWA platform, Alchemy Pay supports fiat payments in 173 countries.

The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The RWA platform allows global users to invest in tokenized real-world assets using local fiat currencies, lowering entry barriers and democratizing access to traditional financial instruments. Our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. Additionally, the NFT Checkout enables direct purchases of NFTs using fiat payment methods. ACH is the Alchemy Pay network token on the Ethereum blockchain.

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SOURCE Alchemy Pay

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