Splyce and EX.IO Partner to Make Tokenized Real-World Assets Usable as Collateral

Partnership pairs regulated Hong Kong custody with fixed-rate onchain credit, giving holders of tokenized funds access to liquidity without redeeming their positions

HONG KONG and DUBAI, Sept. 22th, 2026 — Splyce Finance and EX.IO today announced a partnership to make tokenized real-world assets usable as collateral for onchain borrowing. The two firms have signed a memorandum of understanding covering a framework under which assets held in EX.IO’s regulated custody can be represented onchain and financed through Splyce’s fixed-rate, fixed-term lending vaults.

Tokenization has moved quickly, but the assets it produces remain largely static. An investor who buys a tokenized money market fund or private credit position holds an instrument that pays a yield and does little else until it is redeemed. In traditional markets, the same security would be financeable from the day it is bought. Onchain lending has not closed that gap, in large part because the highest quality tokenized assets carry transfer restrictions, and issuers are unwilling to permit an anonymous smart contract to hold them.

The partnership addresses this directly. As an Hong Kong-licensed Virtual Asset Trading Platform (VATP) with distinctive, fully regulated custody and a deep RWA franchise across origination, issuance and distribution, EX.IO custodies the underlying asset and issues an onchain representation of it. That representation is what a Splyce vault holds in escrow while a loan is outstanding. The underlying asset never leaves regulated custody, and redemption is executed by EX.IO, so the issuer’s counterparty remains a licensed custodian rather than a protocol. Because the structure depends on custody rather than on the asset’s own transferability, it is not limited to any single product.

For investors, the practical effect is familiar from private banking. Borrowing against a securities portfolio rather than selling it is one of the oldest products in wealth management, with Deloitte sizing the global securities-based lending market at approximately USD 4.3 trillion. Clients typically draw for short periods to meet a specific need and repay quickly, keeping their positions and the income those positions generate. The partnership brings that capability to tokenized assets, where until now a client needing cash had little alternative to redeeming and waiting for the next dealing window.

“Our clients hold high-quality tokenized assets, but holding has been all they could do with them,” said Toya Zhang, Deputy Chief Executive Officer of EX.IO. “Working with Splyce means a position bought through EX.IO becomes something a client can borrow against, without giving up the asset or the income. That is a meaningful difference in what we are able to offer.”

“EX.IO already has the two things this requires, regulated custody and the ability to represent assets onchain,” said Manuel Rensink, Founder of Splyce Finance. “What has been missing is the credit layer on the other side. Fixed rate, fixed term, with no mid-term liquidation risk, is the structure institutional holders actually want, and it is the structure that lets a regulated custodian participate without taking market risk.”

The two firms also intend to explore joint marketing activity and to work together on making onchain dollar liquidity available to EX.IO’s client base. Technical integration work is underway, with initial deployment targeted on EVM-compatible networks. Further details, including the assets covered and commercial terms, will be announced as the framework is finalized.

About EX.IO 

EX.IO is a strictly regulated Virtual Asset Trading Platform (VATP). Approved by the Hong Kong Securities and Futures Commission (SFC) since December 2024, it became one of the first platforms permitted to operate under Hong Kong’s “deemed licensed” regime. Furthermore, EX.IO is the only VATP included within the Office for Attracting Strategic Enterprises (OASES) system. Now servicing retail and professional investors with RWA Focus & OTC service & etc., EX.IO is committed to building a bridge between traditional finance (Web2) and the Web3 ecosystem, providing clients with compliant trading, payment settlement, and diversified financial value-added services.

For more information, visit www.ex.io.

About Splyce Finance 

Splyce Finance is building fixed-rate, fixed-term credit infrastructure for tokenized real-world assets and institutional digital asset collateral. Its Single Asset Vaults isolate each collateral type, resolve at maturity rather than through mid-term liquidation, and are funded by permissionless USDC liquidity. Splyce is designed to operate across multiple networks.

For more information, visit www.splyce.finance.