AlloyX Launches Tokenized Money Market Fund, Real Yield Token (RYT), on Polygon

AlloyX, a leading stablecoin service provider in Asia, has launched the Real Yield Token (RYT), a compliant tokenized money market fund built exclusively on Polygon. This initiative strengthens Polygon’s position as a go-to blockchain for financial tokenization, thanks to its low fees, fast finality, and long-term stability. RYT serves as a bridge between regulated institutional liquidity and programmable DeFi, offering a new way to access yield in a compliant and capital-efficient manner.

Key Insights

RYT delivers institutional-grade yield with full custody and registration handled by Standard Chartered Bank in Hong Kong, ensuring auditability and regulatory compliance.
Advanced DeFi strategies like looping are enabled by RYT’s design, allowing users to maximize capital efficiency on Polygon’s high-throughput infrastructure.

Why It matters?

The technology allows to design dApps that leverage RYT’s composability to create structured, capital-efficient financial instruments. Developers can build DeFi tools that integrate RYT for advanced yield strategies, especially those involving collateralized lending and looping mechanisms. They should also explore smart contract modules that support compliance and auditability for institutional-grade products.