AlloyX has partnered with Standard Chartered Bank and Polygon to introduce a tokenized money market fund named RYT on the Polygon network. Standard Chartered will offer asset custody services for the fund, which integrates decentralized finance (DeFi) strategies. Initially, RYT will be available exclusively on Polygon, with future plans to expand to additional networks. AlloyX, recently acquired by Solowin Holdings, aims to leverage this collaboration to enhance its stablecoin infrastructure offerings.