AlloyX and KuCoin Pilot RWA Token Collateral Mechanism

AlloyX & KuCoin Collaborate to Explore RWA Token Collateral Mechanism, Bridging Traditional Finance and Crypto AlloyX, long-time strategic partner of Solowin Holdings, is a leading digital financial infrastructure platform that has partnered with global cryptocurrency exchange KuCoin Exchange to pilot Real-World Asset (RWA) tokens in KuCoin’s Off-Exchange Settlement (OES) credit system. The RYT token, issued by China Asset Management (Hong Kong) Limited and backed by the “ChinaAMC USD Digital Money Market Fund,” becomes one of the first RWA tokens to serve as collateral for credit lines on the exchange. Investors can subscribe or redeem fund units via RYT tokens, earn underlying yields, and flexibly leverage assets on-chain. Solowin Holdings, as a key participant in the RYT project, has supported and witnessed the practical implementation of this innovative mechanism. This collaboration highlights a practical path for RWA adoption in mainstream platforms, ensuring compliance, transparency, and risk management—with Standard Chartered Bank (Hong Kong) handling custody, administration, and unit registration. KuCoin CEO BC Wong stated: "KuCoin has always been committed to bridging traditional finance and the crypto world through innovation. This collaboration with AlloyX to explore RWA tokens as collateral mechanisms exemplifies our dedication to providing users with secure and compliant solutions. We emphasize trustworthiness and risk control—this partnership not only elevates the platform's innovation level but also delivers reliable asset appreciation opportunities to global users, helping them manage digital assets more confidently in dynamic markets." AlloyX Co-Founder and CEO Thomas Zhu remarked: "Our focus has always been on how RWA, as an asset form, can deliver more authentic and sustainable economic functions on-chain. This cooperation with KuCoin is a pragmatic attempt centered on 'collateral mechanisms and scenario building,' not only offering users more possibilities for asset utilization but also providing the industry with opportunities for structural validation." RWA represents a key trend in digital asset evolution. Solowin, AlloyX, and KuCoin will continue exploring scalable, compliant applications to empower users and expand market adoption. #RWA #DigitalAssets #FinTech #Solowin #KuCoin #AlloyX #Tokenization #DeFi #Innovation

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Annabel Brink

Investor Relations - Solowin Holdings

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