Solowin Holdings Aims for $1 Billion in Tokenized USD Money Market Product by 2025
TL;DR
Solowin's RYT initiative targets a competitive edge by aiming for US$1 billion in assets under management, offering institutional investors a yield-generating, compliant tokenized product with daily liquidity.
Solowin's RYT, launched in collaboration with Standard Chartered and others, operates on multiple blockchains, providing a structured approach to tokenized asset management with multi-chain interoperability.
By advancing Hong Kong's position as a global hub for tokenized assets, Solowin's RYT initiative fosters financial innovation, making tomorrow's economy more inclusive and efficient.
Solowin's RYT merges traditional finance with Web3.0, offering a glimpse into the future of asset management through tokenization and blockchain technology.
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Solowin Holdings (NASDAQ: SWIN), a financial services company at the intersection of traditional and digital assets, has set an ambitious goal to amass $1 billion in assets under management (AUM) for its USD Money Market Real Yield Token (RYT) by the end of 2025. This initiative, launched on April 15, 2025, through its subsidiary Solomon JFZ (Asia) Holdings Limited, in partnership with Standard Chartered, China Asset Management (Hong Kong), Libeara, and AlloyX, represents a pivotal move in the tokenization of real-world assets.
The RYT product is designed to offer institutional investors a compliant, yield-generating tokenized solution with daily liquidity and multi-chain interoperability, thanks to collaborations with blockchain platforms Polygon, Arbitrum, Solana, and Kucoin. This development underscores Hong Kong's ambition to emerge as a global leader in the tokenized asset space and aligns with Solowin's mission to integrate traditional finance (Trad-Fi) with Web3.0 financial services seamlessly.
For more details on this initiative, visit https://ibn.fm/iK1R0. This move by Solowin Holdings is not just a testament to the growing acceptance of tokenized assets among institutional investors but also highlights the potential for such products to revolutionize the way we think about liquidity and yield in the digital age.
Curated from InvestorBrandNetwork (IBN)
