Today, AlloyX, Asia’s leading stablecoin service provider, has launched a compliant tokenized money market fund, Real Yield Token (RYT), exclusively on Polygon. 

RYT acts as a bridge between regulated liquidity and programmable finance. Users can tap into institutional-grade yield while unlocking the frictionless efficiency of DeFi. Yield generation and risk oversight finally move in sync.

The launch adds momentum to Polygon’s role as the preferred chain for global payments and tokenization. Long-term stability, low cost, and near-instant finality make Polygon stand out as financial markets pivot toward onchain settlement.

RYT is designed for capital efficiency and extracting maximum yield. By looping—supplying tokens as collateral, borrowing against them, and repeating—users can amplify liquidity and returns while staying inside regulatory guardrails. On Polygon, those loops run with minimal fees and high throughput, maximizing both yield and onchain activity.

Hong Kong-based Standard Chartered Bank provides custody and acts as registrar. The fund operates on daily cycles with T+1 settlement, and selected data is published onchain for transparency. Institutional investors get the compliance and auditability they know and expect, paired with DeFi’s speed and composability 

During its exclusivity window, Polygon Labs is supporting AlloyX with DeFi integration, technical help, and growth initiatives. After the window of exclusivity passes, Polygon will remain AlloyX’s preferred deployment for expansion. 

AlloyX joins a growing roster of institutions and governments building financial applications and payment platforms on Polygon, including Stripe, Franklin Templeton, Apollo, BlackRock, and others reshaping markets through tokenization.

About Polygon Labs:

Polygon Labs is a Web3 software company developing Polygon Proof-of-Stake network, the premiere blockchain for payments and RWAs, and Agglayer, a unified web of chains that feels like the Internet. Polygon is known as the low-cost, high velocity network, with billions secured in stablecoins, supporting a robust payments ecosystem to help grow Agglayer use cases in an interoperable Web3. Research from Polygon Labs has contributed to the development of widely-adopted zero-knowledge technology, with successful, independent projects incubated through the Agglayer Breakout Program, such as Katana, ZisK, Miden, PrivadoID, and more.

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