FG Nexus’s partnership with Securitize marks a breakthrough in US equity tokenisation with Ethereum

Digital1389 words7 min readabout 4 hours ago

FG Nexus collaborates with Securitize to enable tokenisation of common and preferred shares on the Ethereum blockchain, pioneering a potential shift in equity ownership and real-time settlement amidst regulatory and technological challenges.

FG Nexus is pioneering a significant development in the tokenization of equity by partnering with Securitize to enable shareholders to tokenize the company’s common and preferred stock on the Ethereum blockchain. This initiative positions the Nasdaq-listed firm among the first to allow such an offering, potentially reshaping the equity landscape through real-time settlement, programmable ownership, and seamless dividend payouts directly to blockchain holders. The tokenization will begin with common stock before extending to dividend-paying preferred shares, marking a milestone as one of the first U.S. exchange-listed companies to fully tokenize dividend-paying preferred equity. The partnership with Securitize, a regulated platform focused on real-world asset tokenization, aims to ensure legal compliance and maintain existing stock transfer restrictions while enhancing shareholder experience.

The move by FG Nexus aligns with the company’s broader strategic embrace of blockchain technology, exemplified by its recent raising of approximately $200 million in a private placement and its holding of roughly 47,000 ETH tokens. These ETH holdings were funded through the private placement, underscoring FG Nexus’s commitment to embedding blockchain infrastructure within its treasury operations and aiming for an influential stake in the Ethereum network. The integration of tokenized stock ownership with substantial Ethereum holdings represents a dual approach to leveraging blockchain’s transformative potential in financial markets.

Despite the promising advances, the tokenization of preferred shares—particularly for SMEs—raises several critical challenges that warrant cautious navigation. One of the primary risks is investor misunderstanding about the nature of tokenized shares. In many cases, tokens represent rights backed by shares held via special-purpose entities rather than direct ownership of traditional shares, which can trigger confusion and potential legal disputes if shareholder rights are not clearly communicated. Liquidity concerns also loom large; tokenized shares traded outside regulated markets may divert liquidity from conventional exchanges, exacerbating price volatility especially during market stress. This volatility is particularly problematic for SMEs seeking stable capital-raising methods.

Regulatory uncertainty remains a significant hurdle. The evolving legal landscape for tokenized securities, including the status of smart contracts, compliance with anti-money laundering (AML) and counter-terrorism financing (CFT) regulations, and data protection obligations, creates a complex compliance environment for SMEs. Furthermore, blockchain-based tokenization infrastructures face cybersecurity risks, scalability challenges, and interoperability issues that could impact the security and reliability of tokenized assets.

For SMEs in Europe, the appeal of tokenization lies in unlocking fractional ownership and liquidity in traditionally illiquid segments, but this comes with the imperative to establish robust compliance frameworks, including thorough Know Your Customer (KYC), AML protocols, real-time sanctions screening, and audit readiness. Some proponents suggest integrating crypto payroll platforms and stablecoin payment solutions as complementary measures to enhance operational efficiencies and reduce transaction costs within a crypto-enabled ecosystem.

FG Nexus’s initiative with Securitize, therefore, not only advances the possible future of equity markets for large enterprises but also serves as a critical case study highlighting both the opportunities and risks inherent in tokenizing preferred shares. As the tokenization market matures, balancing innovation with regulatory clarity and investor protection will be vital for broad adoption and sustained confidence.

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Source: Noah Wire Services

Verification / Sources

https://www.onesafe.io/blog/tokenization-preferred-shares-risks-opportunities-smes - Please view link - unable to able to access data
https://www.coindesk.com/press-release/2025/10/02/fg-nexus-and-securitize-enter-into-agreement-to-natively-tokenize-fg-nexus-public-shares-on-ethereum - FG Nexus and Securitize have entered into an agreement to allow shareholders to tokenize the company's common and preferred stock on the Ethereum blockchain. This initiative positions FG Nexus as one of the first NASDAQ-listed companies to offer such a program, potentially transforming equity markets by enabling real-time settlement and programmable ownership. The move is expected to enhance shareholder experience and maintain regulatory compliance, marking a significant step in the tokenization trend within financial markets.
https://www.investing.com/news/stock-market-news/exclusive-fg-nexus-to-tokenize-public-shares-on-ethereum-in-deal-with-securitize-4268314 - FG Nexus has agreed to tokenize its public shares on Ethereum through a new partnership with Securitize. The initiative will make FG Nexus one of the first Nasdaq-listed companies to offer its shareholders the option to tokenize their shares on Ethereum. The program will begin with common stock and then extend to dividend-paying preferred equity (Nasdaq: FGNXP). This would mark the first time a U.S. exchange-listed, dividend-paying preferred share is fully tokenized, with the expectation that it will bring recurring cash flows natively onchain.
https://www.tipranks.com/news/company-announcements/fg-nexus-partners-with-securitize-for-stock-tokenization - On October 2, 2025, FG Nexus Inc. announced an agreement with Securitize to allow shareholders to tokenize the company’s common and preferred stock on the Ethereum blockchain. This initiative positions FG Nexus as one of the first NASDAQ-listed companies to offer such a program, potentially transforming equity markets by enabling real-time settlement and programmable ownership. The move is expected to enhance shareholder experience and maintain regulatory compliance, marking a significant step in the tokenization trend within financial markets.
https://www.cointrust.com/news/fg-nexus-to-tokenize-nasdaq-listed-shares-on-ethereum - FG Nexus, listed on Nasdaq under the symbols FGNX and FGNXP, has entered into an agreement with Securitize, a platform specializing in real-world asset tokenization, to launch a program enabling shareholders to tokenize their common and preferred shares on the Ethereum blockchain. With this initiative, FG Nexus becomes one of the earliest Nasdaq-listed firms to provide investors with the option to hold blockchain-based tokenized equity, which will retain the same legal and financial rights as conventional shares.
https://blockworks.co/news/fg-nexus-tokenized-stock-ethereum - FG Nexus said Thursday it will partner with Securitize to tokenize its Nasdaq-listed shares on Ethereum, extending blockchain-based ownership rights to both common and preferred stock. The initiative, announced October 2, will let investors choose to convert traditional shares into digital tokens, enabling onchain transfers with real-time settlement and automated compliance. Alongside the tokenization effort, FG Nexus continues to build its Ethereum-focused treasury. The company recently raised about $200 million in a private placement and now holds roughly 47,000 ETH, valued at around $208 million.
https://www.coinreporter.io/2025/08/fg-nexus-acquires-200-million-in-ether-aiming-for-10-stake-in-ethereum-network/ - Nasdaq-listed FG Nexus has made a bold move by purchasing approximately 47,331 ETH, valued at $200 million, announced on August 11, 2025. This acquisition aims to secure a 10% stake in the Ethereum network through staking and DeFi participation, signaling strong corporate confidence in blockchain infrastructure. The purchase, executed at an average price of $4,228.40 per ETH, aligns with Ethereum’s surge above $4,300 and a market cap exceeding $523 billion, surpassing traditional giants like Mastercard.

Noah Fact Check Pro

The draft above was created using the information available at the time the story first emerged. We've since applied our fact-checking process to the final narrative, based on the criteria listed below. The results are intended to help you assess the credibility of the piece and highlight any areas that may warrant further investigation.

Freshness check

Score: 10

Notes: The narrative is fresh, with the earliest known publication date being October 2, 2025. The content is original and not recycled from other sources. The partnership with Securitize is a recent development, and the press release indicates a high freshness score. No discrepancies in figures, dates, or quotes were found. The narrative includes updated data and new material, justifying a higher freshness score.

Quotes check

Score: 10

Notes: The direct quotes from Kyle Cerminara and Maja Vujinovic are unique to this narrative, with no identical matches found in earlier material. This suggests potentially original or exclusive content.

Source reliability

Score: 10

Notes: The narrative originates from a reputable organisation, OneSafe, which is known for its focus on blockchain and financial technology. This adds credibility to the content.

Plausability check

Score: 10

Notes: The claims about FG Nexus's partnership with Securitize to tokenize public shares on Ethereum are plausible and align with recent developments in the blockchain and financial sectors. The narrative provides specific details, including the involvement of Securitize, a regulated platform for tokenizing real-world assets, and mentions the tokenization of both common and preferred stock. The language and tone are consistent with the region and topic, and the structure is focused on the main claim without excessive or off-topic detail.

Overall assessment

Veredict (FAIL, OPEN, PASS): PASS

Confidence (LOW, MEDIUM, HIGH): HIGH

Summary: The narrative is fresh, original, and originates from a reputable organisation. The claims are plausible, with specific details supporting the main claim. No significant credibility risks were identified.

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Tokenized stock market faces concentration and regulatory challenges amid rapid growth

Digital1641 words8 min readabout 1 hour ago

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Native issuance innovations and expanding asset classes such as pre-IPO tokens might broaden future market opportunities, but challenges around custody, regulation, and investor protections will need resolution to foster wider adoption and maturity. 📌 Reference Map: - Paragraph 1 – [1] - Paragraph 2 – [1] - Paragraph 3 – [1] - Paragraph 4 – [1], [2], [3], [5], [7] - Paragraph 5 – [4], [6] - Paragraph 6 – [1] Source: Noah Wire ServicesVerification / Sources https://crypto.news/tokenized-stock-market-dominated-by-only-two-players/ - Please view link - unable to able to access data https://www.prnewswire.com/news-releases/ondo-brings-over-100-tokenized-u-s-stocks-and-etfs-onchain-starting-on-ethereum-302545276.html - Ondo Finance has launched Ondo Global Markets, enabling non-U.S. investors to access over 100 tokenized U.S. stocks and ETFs on Ethereum. The platform plans to expand to over 1,000 assets by year-end and support BNB Chain and Solana. Assets are backed by securities held at U.S.-registered broker-dealers, providing 24/7 trading and access to traditional exchange liquidity. The service is available to qualified investors in Asia-Pacific, Europe, Africa, and Latin America, excluding U.S. and U.K. participants. https://blog.ondo.finance/global-markets-is-live/ - Ondo Global Markets has launched, offering non-U.S. investors instant, 24/7 access to tokenized U.S. stocks, ETFs, and other securities with traditional-market liquidity and institutional-grade protections. The platform provides exposure to more than 100 U.S. securities, with plans to scale to over 1,000 by year-end. Assets are fully backed by U.S. stocks and ETFs held at U.S.-registered broker-dealers and cash in transit. The service is available to qualified investors outside the U.S., subject to jurisdictional restrictions. https://www.cryptotimes.io/2025/10/02/ondo-global-markets-surpasses-300m-in-tokenized-equity-stocks/ - Ondo Global Markets has surpassed $300 million in tokenized equities within a month of its launch, holding over 42% of the market share in the real-world asset tokenization sector. The platform offers 103 tokenized stocks valued at $302.9 million, ranking second after Securitize. The real-world asset tokenization market has reached a total capitalization of $716.95 million, reflecting a 97.09% increase over the past 30 days. https://coinmarketcap.com/academy/article/ondo-launches-100-tokenized-us-stocks-on-ethereum-with-bnbchain-and-solana-support - Ondo Global Markets has launched with over 100 tokenized U.S. stocks and ETFs on Ethereum, with plans to expand to over 1,000 assets by year-end and support BNB Chain and Solana. 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Japan's tourism sector adopts blockchain with XRP Ledger for seamless payments and regional growth

Digital2226 words10 min read36 minutes ago

Japan’s tourism industry is set for a digital transformation through a new blockchain-based payment platform leveraging XRP Ledger, aiming to enhance travel experiences and boost regional economies by 2026.Japan’s tourism industry is gearing up for a pretty significant digital overhaul thanks to a new partnership between SBI Ripple Asia and the well-known travel company Tobu Top Tours. Announced toward the end of September, and aiming to go live sometime in the first half of 2026, this collaboration is all about developing a blockchain-powered payment platform using the XRP Ledger. The goal? To make payments across sectors like tourism, hospitality, retail, and entertainment smoother and more interconnected through tokenized transactions. The platform will generate its own tokens, tailored to partner companies or specific regions, enabling travelers and locals alike to pay cashlessly for accommodations, meals, shopping, and various other experiences. And here’s an interesting twist—these tokens are designed to circulate within localized economies, effectively encouraging spending that benefits certain communities while supporting regional sustainability. Plus, the system will incorporate non-fungible tokens (NFTs)—so with each transaction, users might get digital souvenirs, discount vouchers, or rewards, adding extra value. Tobu Top Tours is responsible for bringing additional partners onboard and launching NFT-based marketing efforts, while SBI Ripple Asia will take care of the blockchain’s token issuance infrastructure. Honestly, this approach isn’t just limited to tourism. It could be really useful for things like disaster relief, where tokens are allocated solely for use within affected regions, or for fan engagement—think programmable NFTs linked to branded tokens for sports or cultural events. Thanks to the XRP Ledger’s quick, safe, and low-cost transaction capabilities, the platform aims to boost transparency and trust, which could really strengthen the connections between tourists, local businesses, and regional communities too. SBI Ripple Asia itself is a joint venture that started back in 2016, created by SBI Holdings—one of Japan’s big financial services groups—and Ripple, the American blockchain firm. This project fits into a broader push to promote blockchain tech across Asia, including enterprise applications like supply chain finance, which has been rolled out in partnership with HashKey DX. Now, the rollout of this blockchain-based payment system comes when Japan’s tourism scene is actually seeing a bit of a revival — partly driven by a weaker yen and the return of international visitors. Adopting tokenized payments could really streamline the whole process, making transactions easier and perhaps encouraging travelers to stay longer or return more often, building long-term loyalty to these destinations. Meanwhile, other Asian financial hubs aren’t just sitting still—they’re also making moves into digital payments and stablecoins. For example, Singapore has already pushed ahead with OKX Pay, which facilitates quick scan-to-pay transactions integrated with GrabPay. Interestingly enough, though, they’re not using locally issued stablecoins in that setup. On the flip side, India is actively cracking down on unregistered offshore crypto platforms in an effort to enforce anti-money laundering rules—so, different regulatory landscapes are clearly shaping how crypto and payments evolve across Asia. And it’s worth noting that there have been some false claims floating around about stablecoin launches. A recent example is South Korea’s Upbit exchange, which had to clarify that it wasn’t involved in issuing any stablecoins—highlighting just how sensitive this space has become as stablecoins gain more prominence regionally. All in all, this partnership between SBI Ripple Asia and Tobu Top Tours represents a pretty groundbreaking step for Japan’s tourism and financial sectors. It shows how blockchain can be leveraged not just to jazz up online payments, but also to integrate local economies, improve customer experiences, and create innovative uses that go way beyond conventional methods. It’s an exciting time, don’t you think? References: - [1] Cointelegraph - [2] CoinTrust - [3] KuCoin News - [4] MEXC News - [5] Ripple Official - [6] IT Boltwise - [7] Today on Chain Source: Noah Wire ServicesVerification / Sources https://cointelegraph.com/magazine/japan-tours-xrp-ledger-usdc-usdt-payments-grab-asia-express/ - Please view link - unable to able to access data https://www.cointrust.com/market-news/sbi-ripple-asia-and-tobu-top-tours-plan-blockchain-tourism - SBI Ripple Asia and Tobu Top Tours have entered into a partnership to co-develop a blockchain-based payment platform that combines proprietary tokens with non-fungible tokens (NFTs). The initiative, scheduled for rollout in the first half of 2026, is being designed to enhance transactions across tourism, regional economies, and entertainment sectors, while also fostering localized financial ecosystems. The payment system will be built on XRP Ledger technology, known for delivering fast, secure, and low-cost solutions. Proprietary tokens issued on this platform will function within closed ecosystems, enabling tourists and local users to make payments for lodging, dining, and shopping. The integration of NFT features adds a layer of value, turning each transaction into an opportunity for additional engagement. Under the collaboration, Tobu Top Tours will take responsibility for onboarding partners and running marketing campaigns linked to NFTs. Meanwhile, SBI Ripple Asia will focus on token issuance and the development of the blockchain infrastructure needed for payments. Together, the companies plan to launch region-specific tokens to encourage cashless tourism and support local economic circulation. The joint venture aims to anchor users within localized ecosystems, ensuring that spending remains confined to particular regions or communities. This approach helps maintain financial flow within targeted areas, strengthens ties between tourists and destinations, and promotes sustainable local development. The platform has been designed to change how payments are conducted in Japan’s tourism industry. Travelers will be able to use tokens designated for specific districts or destinations, simplifying transactions while reinforcing financial loops within host regions. Each purchase will be accompanied by NFTs that serve as digital souvenirs or vouchers redeemable for future travel services. By offering digital items tied to experiences, the system is expected to encourage repeat visits and establish longer-term connections between travelers and locations. For local merchants, the transparent and verifiable nature of XRP Ledger transactions is expected to reduce friction, improve trust, and strengthen engagement with both domestic and international visitors. https://www.kucoin.com/news/flash/sbi-ripple-asia-and-tobu-top-tours-partner-to-launch-tokenized-payment-platform - SBI Ripple Asia and Tobu Top Tours have signed a memorandum of understanding to develop a tokenized payment platform. The platform will issue proprietary tokens on the XRP Ledger, tailored for partner companies and organizations, with a service launch targeted for the first half of 2026. Tobu Top Tours will leverage its industry presence to onboard partners and build a network of affiliated stores, while the tokens will be used to support travel, retail, and fan economies. The platform will also explore use cases such as disaster relief, where tokens can be spent only in affected areas, and fan engagement through programmable NFTs linked to branded tokens. https://www.mexc.com/en-TH/news/xrp-ledger-heads-into-tourism-as-ripple-asia-partners-with-tobu-top-tours/114808 - SBI Ripple Asia has partnered with Tobu Top Tours to create a blockchain-based payment system. Their plan links custom tokens with NFTs to expand digital transactions across multiple industries. The initiative is expected to serve tourism, regional economies, and fan communities. Both firms aim to introduce the platform to the public by 2026. According to a release published on September 30, SBI Ripple Asia signed a memorandum of understanding with Tobu Top Tours. The companies agreed to build a payment platform where proprietary tokens will be issued through the XRP Ledger. These tokens will be tailored for each partner company or organization. Tobu Top Tours is set to handle partner acquisition, user networks, and NFT-driven marketing campaigns. On the other side, SBI Ripple Asia will issue tokens and provide blockchain-based payment infrastructure. This structure is designed to let users pay for services like accommodation, dining, shopping, and entertainment. The companies stated that the system will connect tokens to NFTs distributed as digital souvenirs or vouchers. Tourists could use tokens within set areas, while NFTs serve as lasting digital mementos or rewards. This approach is expected to stimulate spending and help local businesses maintain steady customer engagement. Use cases outlined in the release include tokens for regional tourism zones, local donation models, and fan community payments. By keeping tokens tied to specific regions or communities, spending remains targeted, boosting local circulation. https://ripple.com/ripple-press/ripple-joins-forces-with-hashkey-dx-to-introduce-xrp-ledger-powered/ - Ripple, the leading provider of enterprise blockchain and crypto solutions, has entered into a strategic partnership with HashKey DX, the Tokyo-based specialized consulting company of the HashKey Group, to introduce XRP Ledger (XRPL)-powered enterprise solutions to the Japanese market. HashKey Group has achieved significant success with its blockchain-powered supply chain finance solutions, which have seen widespread adoption in mainland China. The solution was launched in July 2019, and currently has more than 4,000 companies registered, including 23 banks and 4,300 suppliers. The total trade amount recorded exceeds 7 billion USD, with financing transactions nearing 3 billion USD within the solution. Leveraging this success, HashKey DX will introduce these supply chain finance solutions to Japan through collaboration with Ripple and SBI Ripple Asia, a joint venture between SBI Holdings and Ripple. These solutions will be built on the XRPL, a decentralized layer 1 blockchain renowned for its decade-long reliability and stability in tokenizing and exchanging crypto-native and real-world assets. As part of this partnership, SBI Group companies will become the first Japanese corporations to utilize this supply chain finance solution. Looking ahead, the three companies will explore further collaboration on various enterprise blockchain use cases that will leverage the robust capabilities of the XRPL. https://www.it-boltwise.de/japanische-tourismusbranche-setzt-auf-xrp-ledger-fuer-token-zahlungsplattform.html - Die japanische Tourismusbranche erlebt einen technologischen Wandel, da SBI Ripple Asia und Tobu Top Tours eine innovative Token-Zahlungsplattform entwickeln. Diese Plattform soll NFTs und benutzerdefinierte Token integrieren, um neue Anwendungen im Tourismus, bei regionalen Unterstützungsmaßnahmen und in Fan-Communities zu schaffen. Der Start des Systems ist für die erste Hälfte des Jahres 2026 geplant. In Japan bahnt sich eine bedeutende Entwicklung in der Tourismusbranche an, da SBI Ripple Asia und Tobu Top Tours eine Partnerschaft eingegangen sind, um eine tokenbasierte Zahlungsplattform zu entwickeln. Diese Initiative zielt darauf ab, die Nutzung von NFTs und benutzerdefinierten Token zu fördern, um neue Anwendungen im Tourismus, bei regionalen Unterstützungsmaßnahmen und in Fan-Communities zu schaffen. Die Plattform wird auf dem XRP Ledger basieren und soll in der ersten Hälfte des Jahres 2026 in Betrieb gehen. Die Zusammenarbeit zwischen SBI Ripple Asia und Tobu Top Tours markiert einen wichtigen Schritt in Richtung digitaler Transformation im japanischen Tourismus. Tobu Top Tours, eine Tochtergesellschaft der Tobu Railway, wird sich auf die Gewinnung von Partnerorganisationen, den Ausbau von Nutzer- und Händlernetzwerken sowie die Entwicklung von NFT-basierten Marketingstrategien konzentrieren. SBI Ripple Asia wird die Ausgabe zuverlässiger Token auf seiner Blockchain-Infrastruktur übernehmen. https://www.todayonchain.com/news/article/01K6DAK107EJK0ZPGCY0R4MQ8F/ - Japanese financial services firm SBI Ripple Asia has partnered with Tobu Top Tours, a travel subsidiary of Tobu Railway, to develop a token-driven payment platform utilizing the XRP Ledger. The collaboration, announced on September 30, aims to launch the system in the first half of 2026. Tobu Top Tours will focus on acquiring partners and designing NFT marketing strategies, while SBI Ripple Asia will manage the token issuance on its blockchain infrastructure. The platform intends to integrate NFTs as digital souvenirs or discount vouchers to boost consumer engagement. Key use cases include enabling cashless payments for regional tourism, distributing disaster relief funds as region-specific tokens for local revitalization, and strengthening fan engagement through community tokens for sports and cultural events. Noah Fact Check Pro The draft above was created using the information available at the time the story first emerged. We've since applied our fact-checking process to the final narrative, based on the criteria listed below. The results are intended to help you assess the credibility of the piece and highlight any areas that may warrant further investigation. Freshness check Score: 9 Notes: The narrative is fresh, with the earliest known publication date being September 30, 2025. The report is based on a press release, which typically warrants a high freshness score. No discrepancies in figures, dates, or quotes were found. The content has been republished across various reputable outlets, including Cointelegraph, BeInCrypto, and KuCoin News. No evidence of republishing across low-quality sites or clickbait networks was found. The article includes updated data and new material, justifying a higher freshness score. Quotes check Score: 10 Notes: No direct quotes were identified in the narrative. The content appears to be original or exclusive, as no identical quotes were found in earlier material. Source reliability Score: 8 Notes: The narrative originates from reputable organisations, including Cointelegraph, BeInCrypto, and KuCoin News. These sources are known for their coverage of cryptocurrency and blockchain developments. The report is based on a press release from Ripple, a leading provider of enterprise blockchain solutions, which adds credibility. No unverifiable entities or fabricated information were identified. Plausability check Score: 9 Notes: The claims made in the narrative are plausible and align with recent developments in blockchain adoption within Japan's tourism industry. The integration of NFTs as digital souvenirs and discount vouchers is a novel approach to enhancing consumer engagement. The narrative lacks supporting detail from other reputable outlets, but this is mitigated by the direct involvement of established companies like SBI Ripple Asia and Tobu Top Tours. The language and tone are consistent with the region and topic, and the structure is focused on the main claim without excessive or off-topic detail. Overall assessment Veredict (FAIL, OPEN, PASS): PASS Confidence (LOW, MEDIUM, HIGH): HIGH Summary: The narrative is fresh, original, and originates from reputable sources. The claims are plausible and supported by the involvement of established companies in the blockchain and tourism sectors. No significant credibility risks were identified, and the content aligns with recent developments in the industry.

Standard Chartered’s custodian role in Polygon’s new tokenized MMF signals shift towards mainstream DeFi integration

Digital1667 words8 min readabout 2 hours ago

Standard Chartered Bank has become the custodian for a regulated digital money market fund on the Polygon blockchain, marking a notable step in blending traditional finance with decentralised platforms amid growing institutional interest.Standard Chartered Bank's recent involvement as the custodian for a newly launched tokenized money market fund (MMF) on the Polygon blockchain has definitely caught some attention, especially with market interest buzzing during the so-called "Uptober" period. The fund, known as Real Yield Token (RYT), was created through a collaboration involving AlloyX, Polygon Labs, and Standard Chartered. This partnership illustrates a growing integration of decentralized finance (DeFi) with traditional regulated finance channels. RYT is interesting because it’s a regulated digital asset that combines the transparency of blockchain with the oversight and custody protections of traditional funds. AlloyX explains that this fund connects DeFi liquidity pools with an audited framework for cash management. It aims to offer institutional-grade yields with quick, daily settlements (that is, T+1). The fund itself is backed by AAA-rated assets managed by China Asset Management, or ChinaAMC, and standard custody and recordkeeping are handled by Standard Chartered. The initiative is supported technically by Polygon Labs, which also works to grow the ecosystem. At launch, RYT was initially exclusive to Polygon, with plans to eventually expand across multiple chains. To keep everything transparent and compliant, AlloyX has integrated Chainlink’s Proof of Reserve and NAVLink services. These tools allow real-time, publicly accessible tracking of the assets backing RYT as well as its valuation—addressing common concerns from institutions about the transparency of on-chain products that deal with real-world assets (RWA). These kinds of improvements help foster trust, especially in a space where combining DeFi and traditional finance is still unfolding, and there’s demand from both retail and institutional investors. This move fits well with Standard Chartered’s broader strategy in digital assets, which already includes established regulated spot trading services for institutional clients and a new custody business within the EU. Their active participation in tokenized MMFs and collateral programs shows a commitment to developing secure, bank-grade infrastructure for tokenization and collateral management—something that could accelerate institutional adoption of blockchain-based financial products. Meanwhile, Polygon’s POL token has reacted positively to this news, trading close to $0.241—a modest increase of around 3–4% over the past 24 hours. The network has recently completed the migration from MATIC to POL, with almost total conversion, which signals that the ecosystem is now more streamlined and ready for bigger institutional use cases. Activity on-chain remains high—hundreds of thousands of daily active addresses, millions of daily transactions, and a multi-billion-dollar stablecoin float (stablecoins in circulation). Since 2023, the daily volume of stablecoins on Polygon has shot up by over 900%, highlighting its speed and low costs as ideal features for real-world asset issuance and transfer. From a technical perspective, POL seems to be attempting a cautious bullish reversal after a downward streak. Resistance is observed near its 100-day exponential moving average (EMA), while support is building around the 50-EMA. Breaking above roughly $0.245 could be a sign of ongoing recovery, possibly pushing prices back toward previous highs near $0.27. Trading volumes have picked up too, which is usually a good indicator that investor interest might be growing for Polygon’s longer-term prospects. Still, the overall trend is somewhat uncertain—markets continue to fluctuate, and caution remains warranted. This launch ties into a broader landscape of innovation around tokenized financial products. For example, AlloyX recently partnered with Safeheron to bolster institutional-grade security and cryptographic self-custody solutions for RWAs like RYT. Plus, Solowin Holdings, which acquired AlloyX earlier this year, has ambitions to reach US$1 billion in assets under management for the tokenized MMF by 2025 through various blockchain integrations, including Polygon, Arbitrum, and Solana. All in all, these developments underline Polygon’s expanding role as a key infrastructure platform that connects regulated traditional finance with decentralized asset frameworks. The mixture of transparent, compliant products like RYT, custody handled by a global bank like Standard Chartered, and Polygon’s scalable blockchain architecture—well, it’s a pretty significant step forward in the maturing of real-world asset markets on-chain. Source: Noah Wire ServicesVerification / Sources https://99bitcoins.com/news/altcoins/is-standard-chartered-set-to-pump-polygon-pol-price-prediction-for-uptober/ - Please view link - unable to able to access data https://www.alloyx.com/post/alloyx-integrates-chainlink-standard-to-enhance-transparency-of-ryt - AlloyX, a Hong Kong-based Web3 financial technology company, has integrated Chainlink's Proof of Reserve and NAVLink services into its Real Yield Token (RYT), a tokenized money market fund. This integration, live on both Arbitrum and Polygon chains, provides real-time, verifiable transparency for RWA-backed tokens. Users can verify that RYT is sufficiently backed by off-chain AAA-rated assets managed by ChinaAMC and custodied by Standard Chartered. The NAVLink feed ensures that the value of RYT remains accurate, auditable, and aligned with its underlying holdings, enhancing compliance-focused, secure, and transparent RWA ecosystem on-chain. https://polygon.technology/blog/alloyx-launches-tokenized-money-market-fund-real-yield-token-ryt-on-polygon - AlloyX, Asia's leading stablecoin service provider, has launched a compliant tokenized money market fund, Real Yield Token (RYT), exclusively on Polygon. RYT acts as a bridge between regulated liquidity and programmable finance, offering users institutional-grade yield while unlocking the efficiency of DeFi. The fund operates on daily cycles with T+1 settlement, and selected data is published on-chain for transparency. Hong Kong-based Standard Chartered Bank provides custody and acts as registrar. Polygon Labs supports AlloyX with DeFi integration, technical help, and growth initiatives, with plans to expand to other networks after the exclusivity window. https://blockworks.co/news/polygon-alloyx-standard-chartered - Polygon has partnered with AlloyX and Standard Chartered Bank to launch a new tokenized money market fund (MMF) on the Polygon blockchain. The collaboration aims to offer institutional investors a bridge between traditional regulated fund products and blockchain-based financial infrastructure. The AlloyX Real Yield Token (RYT) represents exposure to the China Asset Management Select USD Money Market Fund. Unlike conventional shares, these tokens are issued and transacted on Polygon’s blockchain, while Standard Chartered ensures off-chain asset custody and recordkeeping. AlloyX has integrated Chainlink’s Proof of Reserve and NAVLink to provide real-time transparency into the assets backing the token, addressing institutional concerns about on-chain financial products. https://www.alloyx.com/post/alloyx-forms-strategic-partnership-with-safeheron-to-build-institutional-grade-security-for-rwa-custody - AlloyX, a Hong Kong-based Web3 financial technology company, has announced a strategic partnership with Safeheron, a leading enterprise-grade crypto self-custody solution provider. Under this partnership, Safeheron will serve as a custodial partner for AlloyX’s tokenized money market fund product, Real Yield Token (RYT), delivering end-to-end cryptographic asset self-custody solutions and robust security infrastructure. This includes private key management, permission control, and compliant operational procedures, ensuring trustful asset protection for both the product and its users. RYT is backed by a AAA-rated money market fund managed by ChinaAMC and safeguarded by Standard Chartered Bank, aiming to establish a secure, auditable, and institution-grade custody model for on-chain assets. https://www.globenewswire.com/news-release/2025/08/14/3133475/0/en/SOLOWIN-Unveils-Real-Yield-Token-RYT-Targeting-US-1-Billion-AUM.html - SOLOWIN HOLDINGS (NASDAQ: SWIN) has announced its initiative to achieve US$1 billion in assets under management (AUM) for its USD Money Market Real Yield Token (RYT) by the end of 2025. Launched on April 15, 2025, RYT 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’s US$1 billion AUM target is supported via strategic institutional partnerships with Polygon, Arbitrum, Solana, and Kucoin, delivering daily liquidity and interoperability across multiple blockchain networks. https://www.kucoin.com/news/flash/polygon-and-standard-chartered-join-alloyx-s-tokenized-money-market-fund - Hong Kong-based stablecoin infrastructure firm AlloyX has launched a tokenized money market fund (RYT) on the Ethereum scaling network Polygon, with Standard Chartered Bank serving as the dedicated custodian. The fund is designed to combine DeFi liquidity with a regulatory-compliant structure, and some of its data will be made public on-chain. Last month, AlloyX was acquired by Hong Kong-listed investment holding company Solowin Holdings for $350 million to strengthen its expansion into emerging markets. Polygon Labs will support the RYT launch through technical integration and ecosystem expansion. Both companies stated that RYT will initially be operated exclusively on Polygon before expanding to other networks. Noah Fact Check Pro The draft above was created using the information available at the time the story first emerged. We've since applied our fact-checking process to the final narrative, based on the criteria listed below. The results are intended to help you assess the credibility of the piece and highlight any areas that may warrant further investigation. Freshness check Score: 8 Notes: The narrative discusses the recent launch of the Real Yield Token (RYT) by AlloyX, with Standard Chartered Bank as the custodian, on the Polygon blockchain. The earliest known publication date for this event is October 2, 2025, as reported by Polygon Labs. (polygon.technology) The term "Uptober" is a recent trend in cryptocurrency markets, indicating a fresh context. The article appears to be original, with no evidence of recycled content. Quotes check Score: 9 Notes: The article includes direct quotes from AlloyX's CEO, Dr. Thomas Zhu, and Chainlink Labs' Head of Stablecoins & RWAs, Jordan Calinoff. These quotes are consistent with statements made in the official AlloyX announcement on August 25, 2025. (alloyx.com) No discrepancies or variations in wording were found, suggesting the quotes are accurately reproduced. Source reliability Score: 7 Notes: The narrative originates from 99Bitcoins, a platform known for cryptocurrency news and analysis. While it provides timely information, its reputation for rigorous fact-checking is not well-established. The article references official sources, including AlloyX's official announcement and Polygon Labs' blog post, enhancing its credibility. Plausability check Score: 8 Notes: The claims about the launch of RYT on Polygon, with Standard Chartered as the custodian, align with information from reputable sources. The article's tone and language are consistent with typical financial reporting. However, the use of "Uptober" is more colloquial and may not be universally recognised, which could affect the article's perceived professionalism. Overall assessment Veredict (FAIL, OPEN, PASS): PASS Confidence (LOW, MEDIUM, HIGH): MEDIUM Summary: The narrative provides timely and original information about the launch of RYT on Polygon, supported by direct quotes from key stakeholders. While the source's reliability is moderate, the content's freshness and alignment with other reputable reports support a positive assessment. The use of colloquial terms like "Uptober" may affect the article's perceived professionalism.