Solowin Holdings, a leading financial services firm, aims to achieve $1 billion in assets under management for its USD Money Market Real Yield Token (RYT) by the end of 2025. Launched in April 2025, RYT is offered through a collaboration with Standard Chartered, China Asset Management (Hong Kong), Libeara, and AlloyX. The initiative is supported by strategic institutional partnerships with Polygon, Arbitrum, Solana, and Kucoin, providing daily liquidity and interoperability across multiple blockchain networks.
Solowin Holdings, a leading financial services firm, has set an ambitious goal to achieve $1 billion in assets under management (AUM) for its USD Money Market Real Yield Token (RYT) by the end of 2025. The token, launched on April 15, 2025, is offered through the company's wholly-owned subsidiary, Solomon JFZ (Asia) Holdings Limited, in collaboration with Standard Chartered, China Asset Management (Hong Kong), Libeara, and AlloyX Limited.
The initiative is supported by strategic institutional partnerships with Polygon, Arbitrum, Solana, and Kucoin, providing daily liquidity and interoperability across multiple blockchain networks. This collaborative effort aims to deliver a next-generation, compliant yield-generating tokenized product for institutional investors, bridging real-world assets and Web3 infrastructure at scale [1].
Peter Lok, CEO of Solowin, commented, "The launch of RYT represents a pivotal moment in our mission to offer compliant, yield-generating tokenized products for institutional investors. By working with financial leaders like Standard Chartered, China AMC (HK), Libeara, and AlloyX, we are delivering a product that bridges real-world assets and Web3 infrastructure at scale."
Thomas Zhu, CEO of AlloyX, added, "As Hong Kong positions itself as a global hub for tokenized money and assets, we are proud to collaborate with industry leaders and regulatory authorities through the RYT initiative."
Solowin's participation as a Gold Sponsor at Hong Kong FinTech Week 2024 further underscores its commitment to advancing the region's digital asset ecosystem. The $1 billion AUM target for RYT represents significant revenue potential through strategic blockchain partnerships, positioning Solowin as a key player in reshaping global finance through a seamless Web3-to-TradFi ecosystem [2].
References:
[1] https://www.morningstar.com/news/globe-newswire/9512607/solowin-unveils-real-yield-token-ryt-targeting-us1-billion-aum
[2] https://www.stocktitan.net/news/SWIN/solowin-unveils-real-yield-token-ryt-targeting-us-1-billion-97xfqtd3v5k0.html
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