AlloyX has launched RYT (Real Yield Token), a tokenized money market fund. The Fund aims to offer stablecoin holders access to institutional-grade yields through DeFi strategies on leading Ethereum scaling solution Polygon, backed by regulated assets custodied by Standard Chartered Bank.
RYT introduces a looping strategy that allows users to recursively supply tokens as collateral and borrow against them, which amplifies both on-chain activity and potential yields. This DeFi-native approach launches exclusively on Polygon, chosen for its high throughput, low fees, and robust DeFi ecosystem. By leveraging Polygon’s DeFi infrastructure as bank-grade tokenized MMF rails, RYT bridges institutional liquidity with transparent, audited cash management, all within a fully regulated framework.
Standard Chartered Bank (Hong Kong) provides custody and acts as registrar, while daily dealing cycles operate with T+1 settlement and selected fund data is published on-chain for transparency. This architecture ensures that while users access DeFi yields, the underlying assets remain within a compliant, audited framework familiar to institutional investors.
Polygon Labs will provide technical support, growth initiatives, and ecosystem integration to accelerate RYT adoption. The collaboration includes priority deployment on Polygon during the exclusivity window, integration support with Polygon’s extensive DeFi ecosystem, and joint go-to-market initiatives to drive user acquisition. Following the exclusivity period, Polygon will remain AlloyX’s preferred deployment venue for RYT expansion.
“With Polygon-based looping to amplify utility and bank-grade tokenized MMF rails supplying the underlying cash component, RYT aims to bridge DeFi liquidity with a transparent, audited cash management layer—while keeping issuance, custody and reconciliation squarely within a regulated framework,” said Dr. Thomas Zhu, Co-Founder and CEO of AlloyX Group.
As tokenized treasury products gain traction, RYT differentiates itself through native DeFi integration. While traditional tokenized MMFs offer steady yields, RYT’s looping mechanism enables users to amplify returns through established DeFi strategies, all backed by regulated money market fund assets. The launch comes as Hong Kong continues to position itself as a hub for compliant digital asset innovation, with regulators providing clear frameworks for tokenized securities and stablecoin alternatives.
“RYT represents exactly the type of institutional-grade innovation we’re enabling on Polygon,” said Marc Boiron, CEO of Polygon Labs. “This brings regulated, transparent yield opportunities to users while maintaining the composability and efficiency that makes DeFi powerful. It’s a shining example of how Polygon is becoming the preferred platform for tokenized real-world assets.”
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Disclaimer: This article is for informational purposes only and does not constitute investment advice.
