Overview
- RYT tokens represent shares of a regulated, audited money market fund whose assets are held by Standard Chartered in Hong Kong.
- Polygon Labs is providing technical support, with the product launching exclusively on Polygon before later network expansion.
- Tokenized shares can be traded onchain and used in DeFi strategies such as looping to seek higher yields than passive MMF exposure.
- AlloyX says the structure includes selective onchain disclosure of fund data and next‑day settlement designed for compliance alignment.
- The rollout follows Solowin Holdings’ reported $350 million acquisition of AlloyX last month, underscoring a push into tokenized real‑world assets.