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Is Standard Chartered Set to Pump Polygon? POL Price Prediction For Uptober

Standard Chartered’s custody role on a new tokenized money-market fund puts Polygon in the spotlight as “Uptober” begins and POL price is ticking higher. AlloyX and Polygon Labs, with custody provided by Standard Chartered Bank, have launched RYT, a tokenized money-market fund on the Polygon network with ties to Hong Kong. The aim is to deliver regulated, on-chain yield while linking decentralized finance with traditional banking frameworks. AlloyX said RYT combines on-chain transparency with a regulate ...