AlloyX integrates Chainlink proof of reserves to enhance the transparency of the RYT fund

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[Coin World] August 26 (UTC+8), AlloyX Group announced the integration of Chainlink Proof of Reserve with NAVLink into its tokenized money market fund Real Yield Token (RYT). Chainlink's institutional-grade infrastructure provides real-time, verifiable transparency for RWA-backed Tokens. This integration reinforces AlloyX's long-term commitment to "Compliance, Transparency, and Security." As institutional demand rises, these mechanisms will become key pivot points for building investor trust and establishing a new benchmark for RWA assets.

Dr. Zhu Haokang, co-founder and CEO of AlloyX Group, stated: "The infrastructure of Chainlink provides us with a reliable, secure, and decentralized way to demonstrate the integrity of asset backing and valuation. This step is crucial for bringing institutional-level transparency to RWA products."

Jordan Calinoff, Head of Stablecoins and RWA at Chainlink Labs, said: "I am pleased to see AlloyX adopting Chainlink data standards, accelerating the adoption of tokenized money market funds like RYT. As the tokenization of traditional financial instruments speeds up, secure and real-time on-chain data will be key to ensuring transparency, trust, and institutional adoption."

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MiningDisasterSurvivorvip
· 1h ago
Transparency is so lonely, who still believes in this trap in 2024?
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HodlKumamonvip
· 08-26 20:33
Xiong Xiong thinks the reliability of the reserve proof is solid~
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ImpermanentSagevip
· 08-26 02:30
It feels like it's coming together, compliance is imperative.
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NoodlesOrTokensvip
· 08-26 02:29
Finally made a move to cooperate with the bull.
View OriginalReply0
MidnightSnapHuntervip
· 08-26 02:25
Is this wave going up?
View OriginalReply0
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