AlloyX Launches Tokenized Money Market Fund with Standard Chartered on Polygon
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AlloyX launches tokenized money market fund on Polygon with Standard Chartered custody, merging regulated assets. AlloyX has introduced a tokenized money market fund on Polygon, aiming to merge traditional custody with blockchain-based strategies. The launch marks the growth of real-world regulated assets onchain, which are bringing compliance and yield-oriented products to decentralized finance. AlloyX Brings Regulated Fund with Standard Chartered Custody The product, called the Real Yield Token (RYT), represents shares of a regulated money market fund. Standard Chartered Bank in Hong Kong will serve as the custodian and registrar of the assets to ensure that they are not only subject to regulations but also undergo regular audits. According to AlloyX, the arrangement combines the properties of regulated instruments like US Treasurys and commercial paper with DeFi-native “looping” structures for yield amplification. Related Reading: Trump Family Properties Set for Blockchain Tokenization | Live Bitcoin News Polygon co-founder Sandeep Nailwal confirmed their exclusive launch. He said AlloyX selected Polygon because of its proven rails for tokenization and settlement. Polygon is already handling billions worth of stablecoin payments every month and it makes it a preferred option when it comes to institutional finance. AlloyX described the Real Yield Token as a bridge between transparent onchain settlement and regulated banking infrastructure. The fund offers the investors to trade in onchain shares while holding the exposure to traditional short-term instruments. At the same time, the looping mechanism allows holders to borrow their RYT positions and reinvest the proceeds. This strategy of being capital efficient is already popular in DeFi but now gets a regulated layer through the oversight of Standard Chartered. Industry observers point out that the launch represents a larger shift. Tokenization of real-world assets is gaining momentum, with banks, asset managers, and regulators showing interest in using blockchain for increased efficiency. By…
Filed under: News - @ October 2, 2025 11:28 pm