AlloyX’s RYT on Polygon Could Bring Bank‑Custodied Money Market Assets Into DeFi

AlloyX’s Real Yield Token (RYT) is a tokenized money market fund on Polygon that represents custody-backed shares in a traditional ￰0￱ combines bank-custodied short-term assets with DeFi composability, letting holders trade onchain, post collateral and use looping strategies for yield enhancement. Bank-custodied MMF onchain Trad-fi assets (Treasurys, commercial paper) made tradable and composable in DeFi The tokenized Treasury market reached $8 billion with an average yield to maturity of 3.93% (Oct. 2) Tokenized money market fund: AlloyX’s RYT launches on Polygon, backed by bank custody and DeFi composability — learn how to use RYT in DeFi ￰1￱ debuts a tokenized money market fund on Polygon, merging bank-custodied assets with DeFi strategies amid growing demand for real-world ￰2￱ infrastructure company AlloyX has launched a tokenized money market fund on Polygon, designed to combine bank-custodied assets with DeFi-native ￰3￱ fund, called the Real Yield Token (RYT), represents shares in a traditional money market fund whose underlying assets are held in custody by Standard Chartered Bank in Hong Kong and subject to regulatory compliance and audits, the company ￰4￱ is a tokenized money market fund?

A tokenized money market fund is a digital representation of shares in a conventional MMF that holds short-duration, low-risk instruments like US Treasurys and commercial ￰5￱ makes fund shares tradable onchain and enables use as collateral across DeFi protocols while preserving underlying custody and compliance ￰6￱ does AlloyX’s Real Yield Token (RYT) work? RYT mirrors a traditional money market fund but issues blockchain tokens that represent fractional ￰7￱ assets remain in bank custody with Standard Chartered Bank in Hong Kong and are audited to meet regulatory ￰8￱ RYT on Polygon offers low fees and fast settlement, enabling holders to trade, borrow, and loop tokens inside DeFi to amplify yields.) onchain has increased as asset managers seek 24/7 settlement, programmability and broader market access.

BlackRock’s USD Institutional Digital Liquidity Fund, Goldman Sachs and BNY Mellon announcements illustrate growing institutional interest in tokenized cash-management ￰9￱ many institutional tokenized offerings, AlloyX emphasizes DeFi-native composability as a ￰10￱ tokenized Treasury market has reached $8 billion in value, with an average yield to maturity of 3.93% as of Oct. 2.) highlights the next phase of real-world asset tokenization: preserving regulatory custody while unlocking DeFi ￰11￱ tokenized money market funds scale, investors and institutions will weigh the benefits of 24/7 liquidity and programmability against custody, audit, and smart-contract ￰12￱ fund disclosures and platform safeguards before deploying capital. , "totalTime": "PT10M"