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Standard Chartered Launches Tokenized Fund Amid Polygon Surge

10/4/2025

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Summary

Story summary

Standard Chartered and AlloyX launched RYT, a tokenized money-market fund on Polygon, with expansion plans.
POL trades around $0.241, up ~3-4% in 24 hours, as Polygon daily stablecoin transactions rise over 900% since 2023.
Remittix, a new DeFi protocol, has raised $26.9 million; it lists on BitMart and LBank and offers a 15% referral program plus a $250,000 giveaway.

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Story summary

Standard Chartered and AlloyX launched RYT, a tokenized money-market fund on Polygon, with expansion plans.
POL trades around $0.241, up ~3-4% in 24 hours, as Polygon daily stablecoin transactions rise over 900% since 2023.
Remittix, a new DeFi protocol, has raised $26.9 million; it lists on BitMart and LBank and offers a 15% referral program plus a $250,000 giveaway.