KuCoin partners with AlloyX to test RWA collateral program

Description

In this post: KuCoin has partnered with AlloyX to launch a new real-world asset collateral initiative. The crypto exchange will allow the integration of the RYT token into its Off-Exchange Settlement system to offer users collateral opportunities. The structure will allow users to earn underlying yields while holding the token. KuCoin partners with AlloyX to pilot a new RWA collateral mechanism, starting with the integration of the RYT token into its Off-Exchange Settlement system. The initiativ...