Standard Chartered Bank (Hong Kong) Limited acts as the custodian, investing in the China Asset Management USD Money Market Fund.

On April 15, 2025, Solowin Digital Horizon is pleased to announce the upcoming launch of its tokenized Cayman fund—the Real Yield Token (RYT). RYT is a new generation of tokenized shares issued by Solowin Digital Horizon SP (referred to as the "SP Fund"), with each RYT backed by a 1:1 asset support from the SP Fund's investment in relevant fund units.

Standard Chartered Bank (Hong Kong) Limited ("Standard Chartered Bank") will serve as the custodian, fund administration, and token issuance service provider through the Libeara tokenization platform, while AlloyX will provide blockchain technology support.

This collaboration marks a key step in the integration of traditional finance and blockchain innovation, allowing TradFi (traditional finance) institutions and Web 3.0 participants to securely and transparently access high liquidity money market returns on-chain through RYT.

Regulatory-grade Custody Services Combined with Institutional Returns

RYT sets a new benchmark for compliant, secure, and yield-generating tokenized money market products through Standard Chartered Bank's custody infrastructure, combined with the institutional-grade blockchain technology framework provided by Libeara and AlloyX.

Each RYT token will be fully backed by the relevant fund units held by the SP Fund, with Standard Chartered Bank providing secure custody services for the relevant issuance channels. Holders will enjoy daily interest earnings and on-chain verifiability while maintaining offline legal rights to the fund.

RYT: The Infrastructure for Future On-chain Finance

RYT can be used not only for passive income but also supports multiple on-chain and off-chain ecosystem application scenarios:

• Over-the-Counter Solutions (OES) Collateral: Institutional clients can use RYT as certified collateral assets on exchanges, enhancing counterparty risk protection;

• On-chain Financial Innovation: RYT can be embedded in various on-chain protocols, such as structured products and lending platforms, realizing DeFi composability potential.

Building a Compliant Path for Money Market Tokenization

As regulations regarding tokenized real-world assets (RWA) become increasingly clear, Solowin Digital Horizon will continue to work closely with regulators and partners to ensure that RYT remains compliant, secure, and transparent.

Monica Yao, Director of Solowin Digital Horizon, stated:

"The launch of RYT is a milestone that combines real yield, regulatory-grade custody, and on-chain availability. We are honored to collaborate with Standard Chartered Bank and China Asset Management (Hong Kong) to create an institutional-grade money market tokenization solution that meets the needs of modern capital allocators."

About Solowin Digital Horizon

Solowin Digital Horizon SP is a tokenized fund registered in the Cayman Islands, dedicated to connecting traditional finance with the on-chain world. The fund focuses on compliant tokenized financial products, providing returns, liquidity, and transparency for institutions and ecosystem partners.

About Standard Chartered Bank

Standard Chartered Bank is a leading international bank known for its reliable custody services and compliance strength in major global markets.

About China Asset Management (Hong Kong)

China Asset Management (Hong Kong) Limited was established in 2008 and is a wholly-owned subsidiary of China Asset Management, one of the leading Chinese asset management institutions in Hong Kong. The parent company, China Asset Management, is a leading ETF provider in mainland China, managing assets exceeding $362 billion as of December 31, 2024.

About Libeara

Libeara is a startup incubated by SC Ventures under Standard Chartered Group, designed specifically for the efficient creation, issuance, and management of on-chain real-world assets.

About AlloyX

AlloyX (Cayman) Limited is a leading blockchain technology company dedicated to building payment infrastructure for various stablecoins and promoting the widespread application of tokenized assets.

Disclaimer

This document is for informational disclosure only and does not constitute a purchase recommendation, solicitation, or invitation for any securities, tokenized assets, or investment products. RYT tokens are only available to qualified professional investors and are not aimed at retail clients. Solowin does not provide investment, legal, or tax advice, and past performance does not represent future results. Any forward-looking statements in this document involve uncertainties, and actual results may vary. Please consult your professional advisor before making any investment decisions.

U.S. Legal Disclaimer

This press release and its contents are not directed at U.S. persons (as defined in Regulation S of the U.S. Securities Act of 1933) or persons within the United States. RYT tokens have not been registered under U.S. securities laws and may not be sold in the United States or to U.S. persons, unless conducted under applicable exemption provisions.