April 15, 2025 – Solowin Digital Horizon is proud to announce the target launch of its tokenized Cayman fund - Real Yield Token (RYT), next-generation tokenized shares of Solowin Digital Horizon SP (“SP Fund”), backed 1:1 by units of the relevant fund invested by SP Fund, with Standard Chartered Bank (Hong Kong) Limited (“Standard Chartered”) serving as the custodian, fund administrator and tokenization service provider via Libeara tokenization platform, and AlloyX serving as blockchain technology provider.
This milestone marks a significant step forward in bridging traditional finance and blockchain innovation, enabling TradFi institutions and Web3 participants to gain on-chain access to high-liquid money market yields—safely and transparently—via RYT.
By leveraging Standard Chartered’s custody infrastructure, , and the institutional-grade blockchain technology framework provided by Standard Chartered via Libeara tokenization platform and AlloyX, RYT sets a new benchmark for compliant, secure, and yield-generating tokenized money market products.
Each RYT token will be fully backed by shares of the relevant fund invested by SP Fund, and will be held securely in custody by Standard Chartered for the relevant distributors of the SP Fund. Token holders will benefit from daily accrued yield and full on-chain verifiability, while maintaining off-chain legal rights to the underlying fund.
Beyond passive yield generation, RYT is designed to power a broad range of next-gen use cases across both centralized and decentralized ecosystems:
● Off-Exchange Solution (OES) Collateral – Institutional clients can use RYT as verified collateral on exchanges with enhanced protection against counterparty risk.
● On-Chain Innovation – RYT unlocks composability potential across on-chain protocols, including structured products, lending platforms, and beyond.
As regulatory clarity around tokenized real-world assets continues to evolve, Solowin Digital Horizon is committed to working closely with regulators and institutional partners to ensure that RYT remains fully compliant, secure, and transparent.
“The launch of RYT is a landmark moment in bringing together real-world yield,
regulatory-grade custody, and on-chain usability,” said by Monica Yao, director of Solowin Digital Horizon. “We’re excited to collaborate with Standard Chartered and ChinaAMC (HK) to deliver institutional-grade tokenized money market solutions that meet the needs of modern capital allocators.”
About Solowin Digital Horizon
Solowin Digital Horizon SP is a Cayman-domiciled tokenized fund focused on bridging traditional finance with the on-chain world. Solowin Digital Horizon’s compliant tokenized financial products will empower institutions and ecosystem partners with yield, liquidity, and transparency.
About Standard Chartered
Standard Chartered is a leading international bank, recognized for its trusted custodial services and regulatory footprint across major global markets.
About ChinaAMC
Established in 2008, China Asset Management (Hong Kong) Limited ("ChinaAMC (HK)") is a leading Chinese asset manager in Hong Kong. The company is a wholly owned subsidiary of China Asset Management Co. Limited, one of the trusted asset managers and largest ETF provider in Mainland China with over USD 362 billion in assets under management as of December 31, 2024.
About Libeara
Libeara is an incubated startup under SC Ventures’ digital asset ecosystem. The Libeara platform enables organisations to efficiently create, issue, and manage real-world assets on-chain.
About AlloyX
AlloyX (Cayman) Limited is a premier blockchain technology provider dedicated to developing stablecoin-agnostic payment infrastructure and advancing the adoption of tokenized assets.
Disclaimer
This press release is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any securities, tokenized assets, or investment products. The RYT token is not intended for sale to retail investors and is offered only to eligible participants in accordance with applicable laws and regulations. Solowin does not provide investment, legal, or tax advice. Past performance is not indicative of future results. Any forward-looking statements are subject to risks and uncertainties and may differ materially from actual outcomes. Please consult your own professional advisors before making any investment decisions.
Additional U.S. Notice
This communication and any information herein are not directed at or intended for distribution to or use by any U.S. person (as defined in Regulation S under the U.S. Securities Act of 1933) or any person in the United States. The RYT token has not been and will not be registered under the U.S. Securities Act of 1933, as amended, or with any U.S. regulatory authority, and may not be offered, sold, or otherwise transferred within the United States or to U.S. persons unless pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.