Introduction to RYT
What is RYT?
RYT is a tokenized fund of money market fund (MMF) asset designed to provide institutional and accredited investors with a compliant and secure yield-generating investment. It operates on blockchain infrastructure while maintaining a high level of security and transparency. RYT is custodized by Standard Chartered Bank, ensuring institutional-grade fund management and regulatory compliance.
At the current stage, 100% of the RYT underlying assets are ChinaAMC Select USD Money Market Fund. Solowin Digital Horizon Fund is acquiring underlying assets with custodian bank being Standard Chartered. RYT is a non-rebasing tokenized fund share of Solowin Digital Horizon Fund and can be transferred 24/7.
Key Features:
When you invest using USDC via our platform, you will instantly receive RYT tokens in the same wallet address used for the investment. Likewise, redemptions are also instant—simply submit a request and receive USDC directly to your wallet. For security purposes and based on the capacities of our custody and off-ramp partners, there is a daily mint and redemption limit, which is displayed in real-time on our website. We are actively working with our partners to raise these limits over time.
Security. RYT is fully backed by regulated ChinaAMC money market fund assets, Custodied by Standard Chartered Bank, ensuring institutional-grade protection.
DeFi composability. Solowin USD Real Yield Token (RYT) is a tokenized private fund, an exempted company incorporated with limited liability and registered as a segregated portfolio company under the laws of the Cayman Islands. RYT has been trusted by top DeFi protocols or blockchain foundations to offer users a real yield token with DeFi accessibility.