AlloyX Announces Strategic Partnership with BitFi to Accelerate RWA Ecosystem Development

July 28, 2025, Hong Kong based Web3 financial technology company AlloyX has officially announced a strategic partnership with BitFi, an on-chain asset management platform. The two parties will collaborate on the development of on-chain yield products powered by real-world assets (RWA). As part of this collaboration, BitFi will use AlloyX’s tokenized money market fund product, Real Yield Token (RYT), as the underlying backing asset to launch a passive on-chain yield product. This product will allow users to deposit USDC and earn the returns supported by RYT, offering both flexibility and liquidity with instant deposits and withdrawals.

AlloyX focuses on enabling businesses to bring real-world assets on-chain, providing end-to-end RWA tokenization services, from asset assessment to tokenization technology solutions. As AlloyX’s flagship product, RYT is backed by a fully compliant money market fund, offering stable returns and on-chain transparency. Combined with Web3’s unique advantages, RYT enables 24/7 unrestricted trading, T+0 instant subscriptions and redemptions, and DeFi-boosted yields of up to 7%. This collaboration marks an important milestone for RWA products in Web3 applications, providing on-chain users with a low-barrier entry point to real-world asset yields.

Chelsea Zhang, Co-Founder of BitFi, commented: “We firmly believe that the value of RWA should be delivered to every user through innovative channels. Our partnership with AlloyX allows us to expand the accessibility and usability of on-chain yield products while maintaining compliance.”

Thomas Zhu, Co-Founder and CEO of AlloyX, stated: “Moving Forward, we plan to collaborate with more infrastructure protocols to accelerate the composability and scalability of real-world assets in the on-chain ecosystem, delivering high-quality and attractive products to build a more robust ecosystem.”