Collaboration aims to demonstrate how regulated tokenized assets can be used as productive collateral within institutional DeFi credit markets while preserving the compliance controls governing the underlying asset.

SINGAPORE / PANAMA CITY, 8 JULY 2026 – DigiFT and Theoriq have signed a memorandum of understanding to collaborate on a controlled pilot using tokenized money market fund collateral in an on-chain lending market curated by Theoriq.

The pilot will use a regulated tokenized money market fund made available via DigiFT as collateral within a Morpho lending market. It is designed to test how regulated, institutional-grade tokenized assets can be integrated into on-chain credit infrastructure without moving the underlying asset outside the compliance perimeter that governs it.

The collaboration brings together DigiFT’s regulated tokenization, distribution, onboarding, permissioning, and redemption infrastructure with Theoriq’s DeFi curation, vault infrastructure, and risk management systems. Together, the teams aim to validate a practical model for making tokenized real-world assets more useful on-chain: not only issued and held, but deployed within transparent, risk-managed credit markets.

Bringing More Utility to Tokenized Real-World Assets
Tokenized treasury and treasury-style products have become one of the most active categories in real-world asset tokenization. RWA.xyz shows approximately US $14.85 billion in tokenized U.S. Treasuries as of 7 July 2026, including Treasury bills, notes, bonds, and Treasury-focused money market funds. Yet the market’s next phase depends on more than issuance alone. For tokenized assets to become core financial infrastructure, investors and builders need regulated assets that can be integrated into on-chain workflows for collateral, liquidity, and credit.

That is the gap this pilot is designed to explore. Tokenized money market funds already bring regulated yield-bearing assets on-chain. The next challenge is turning those assets into productive collateral within DeFi markets, with clear risk controls, observable positions, and a defined separation between the regulated asset layer and the strategy layer built above it.

How the Pilot Will Work
The pilot is expected to operate across two coordinated layers. The base collateral layer holds the regulated tokenized money market fund position, while a lending market layer allows USDC to be borrowed against that collateral. Theoriq will curate the on-chain strategy above the collateral layer, deploying borrowed USDC across approved strategies within predefined risk limits.

DigiFT will continue to govern the regulated asset layer, including onboarding, permissioning, distribution, and redemption controls. Theoriq will curate and monitor the DeFi strategy layer, including vault configuration, lending market deployment, strategy parameters, and operational reporting. This division of responsibilities is intended to preserve the compliance controls around the underlying asset while testing new forms of on-chain capital efficiency.

The pilot is being developed under a memorandum of understanding and remains subject to final documentation, onboarding, applicable risk controls, internal approvals, and other pre-deployment checks agreed by the parties.

Leadership Perspectives
“Tokenized real-world assets are entering a new phase,” said Pei Chen, Chief Executive Officer of Theoriq. “The opportunity is no longer just to bring institutional assets on-chain, but to curate how they are used responsibly within on-chain markets. This pilot with DigiFT combines regulated asset infrastructure with on-chain-native curation, risk management, and automation. It is the kind of bridge institutional DeFi needs.”

“At DigiFT, our mission is to make institutional-grade financial products genuinely useful on-chain: not just tokenized, but liquid and integrated into the infrastructure where capital moves,” said Henry Zhang, Chief Executive Officer of DigiFT. “Working with Theoriq allows us to explore how a regulated tokenized fund can be used as live DeFi collateral while keeping the appropriate compliance controls in place. This is an important step toward a more open, efficient, and regulated on-chain financial system.”

Building Toward Broader Institutional DeFi Use Cases
The initial pilot is deliberately scoped to validate the end-to-end on-chain flow, including deposit, borrowing, strategy deployment, repayment, withdrawal, and redemption or unwind processes where applicable. The parties expect to review pilot results before considering any broader deployment, including additional tokenized real-world asset collateral, external liquidity providers, onboarded lending partners, or a larger asset base.

If successful, the pilot could establish a path for regulated tokenized money market funds and other institutional-grade real-world assets to participate more directly in on-chain credit markets, with curation and risk discipline designed for institutional use.

About Theoriq
Theoriq is a DeFi strategy partner. It curates on-chain vaults that turn tokenized assets into risk-managed yield: curators set the strategy and the risk limits, and AI-assisted systems execute and monitor within them. Its flagship real-world asset vault, Theoriq Gold Vault, applies this framework to tokenized gold and its work with DigiFT extends it to regulated real-world assets. For this pilot, Theoriq serves as vault curator, market deployer, and operational coordinator. 

About DigiFT
DigiFT is a next-generation platform for tokenized real-world assets (RWAs), regulated by the Monetary Authority of Singapore (MAS) and the Hong Kong Securities and Futures Commission (SFC) for Type 1 and Type 4 regulated activities. The platform offers end-to-end digital asset services—including tokenization, issuance, distribution, trading, and instant liquidity provision, purpose-built for institutional RWAs. Trusted by global financial institutions, DigiFT is the on-chain tokenization and distribution partner for leading asset managers such as BNY, CMB International, DBS Bank, Franklin Templeton, Hines, Invesco, UBS Asset Management, and Wellington Management. Learn more at

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