Lendary Unveils LRY Token Launch Plans, Including RWA Collateral Pilot
Lendary (Asia) Capital Ltd., a Hong Kong and British Virgin Island-based crypto liquidity platform, has announced plans for its LRY utility token launch on September 21, 2026. The company intends for LRY to serve as a utility and participation layer within the Lendary ecosystem, supporting borrower benefits, reduced borrowing costs, and staking-related rewards.
Ahead of the planned launch, Lendary's LRY Early Access campaign is scheduled to run from August 26 through September 21, 2026. Eligible participants will have the opportunity to secure an early LRY allocation and participate in a campaign offering US$5,000 in total rewards.
The company also plans to conduct weekly campaigns during the early-access period, with US$300 in rewards available each week, subject to applicable campaign terms and eligibility requirements.
Lendary will pilot the acceptance of selected tokenised real-world assets (RWAs) as collateral in Q4 2026, subject to applicable legal, regulatory, custody, valuation, and risk-approval requirements. This initiative is part of Lendary's broader development toward programmable crypto credit infrastructure.