Crypto exchange KuCoin has joined forces with digital financial infrastructure provider AlloyX to test the use of Real-World Asset (RWA) tokens as collateral. The initiative will begin by integrating the RYT token into KuCoin’s Off-Exchange Settlement system, used for managing credit. This fund is backed by a tokenized version of the ChinaAMC USD Digital Money Market Fund, and its issuance ensures transparency and security. 🤝 KuCoin and AlloyX are working to explore how RWA tokens like RYT can serve as collateral within KuCoin’s Off-Exchange Settlement system. These token holders will be able to apply for credit directly through their accounts. Users will benefit from the RYT token’s yield, and they can leverage it alongside other blockchain assets to strengthen their collateral options.