PROVIDENCIALES, August 12, 2025 – Leading global cryptocurrency exchange KuCoin today announced an innovative exploration with digital financial platform AlloyX, aimed at introducing Real-World Asset (RWA) tokens into its exchange's credit system.
The core of this partnership is a pilot integration of the RYT token. The RYT token is backed by the "ChinaAMC USD Digital Money Market Fund," a product of China Asset Management (Hong Kong) Limited, with its issuance and management conducted under the strict compliance framework of Standard Chartered Bank (Hong Kong). KuCoin will add RYT to its list of credit collateral, allowing users who hold RYT to apply for credit lines in their accounts to support trading operations.
This initiative represents a new application scenario for RWA tokens, which not only offers holders the opportunity to earn underlying yields but also activates the asset's leverage value through collateralization.
KuCoin CEO BC Wong stated that this move is a key practice in KuCoin's commitment to bridging traditional finance and the crypto world, aiming to provide global users with secure, compliant, and innovative asset management solutions.
AlloyX CEO Thomas Zhu also emphasized that the collaboration is a pragmatic attempt to validate RWA's real economic functions on-chain, and is expected to set new standards and practical examples for the industry.
The long-term significance of this partnership lies in its potential to greatly enhance the depth of RWA usage and liquidity by incorporating a traditional asset token as compliant collateral into a mainstream exchange's credit system. This move also provides a model for regulators and more asset issuers to follow, accelerating the integration process between Web2 and Web3 assets.
