Hadron by Tether: Revolutionizing Asset Tokenization for Institutions

By Cryptos Newss
6 days ago
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The post Hadron by Tether: Revolutionizing Asset Tokenization for Institutions appeared first on Cryptos Newss.

Tether launched a new tokenization platform called Hadron, which aims to service institutions, corporations, fund managers, and governments, according to a Nov. 14 press release.

The platform will allow clients to tokenize assets ranging from stocks and bonds to stablecoins and loyalty points.

Tether said Hadron offers seamless asset issuance, management, and investment opportunities through regulatory and security frameworks. Tokenization involves creating a digital representation of a real-world asset on the blockchain.

Tether CEO Paolo Ardoino stated:

“By leveraging all Tether’s technology – which today has already secured 125 billion dollars – we’re making asset tokenization easier, secure, and scalable. Our goal is to create new opportunities for businesses and governments, while also making the digital asset space more accessible and transparent.”

He also said that while the traditional finance ecosystem creates closed ecosystems, Hadron aims to build an inclusive future.

Range of products

According to the announcement, Hadron will not focus on creating fiat-backed stablecoins. The new platform will allow issuers complete control over token life cycles, such as issuance and burn mechanisms, which let clients tokenize art, equities, and loyalty points.

Additionally, among the offerings are compliance tools, such as Know-Your-Customer (KYC), Anti-Money Laundering (AML), Know-Your-Transaction, Risk Management, and secondary market ecosystem monitoring over blockchains and centralized exchanges.

According to the announcement, Hadron will be available on “multiple smart-contract-enabled blockchains,” including Bitcoin layer-2 solutions, such as Blockstream’s Liquid.

Hadron is Tether’s latest move in its plan to expand its offering to different segments of the financial industry. The firm’s traditional finance segment, Tether Trade Finance, recently used its Tether USD (USDT) stablecoin to fund a 670,000 barrels-oil deal in the Middle East, valued at $45 million.

Notably, this new division is Tether’s effort to leverage its $7.7 billion in profits registered until the end of the third quarter.

The company also recently announced a wallet development kit to create Bitcoin (BTC) and USDT wallets aimed at developers and artificial intelligence agents.

The post Hadron by Tether: Revolutionizing Asset Tokenization for Institutions appeared first on Cryptos Newss.

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