Stablecoin issuer Tether has launched its real-asset tokenization platform. On the 14th (local time), Tether is a platform that allows companies, asset managers, and nation states to use real gold and silver to create tokens.
The company has launched Hadron, a real asset tokenization platform that can issue and manage digital asset tokens for financial products.
According to Tether, users can trade stocks, bonds, stablecoins, loyalty points and other real-world assets on the platform.
It can tokenize any asset in the world and also has strong Know Your Customer (KYC) and Anti-Money Laundering (AML) controls.
Tether CEO Paolo Ardoino
"Traditional financial institutions have always promoted a closed ecosystem that is opaque to citizens," said Ardoino.
"But Tether's Hadron strengthens our commitment to building a more inclusive future."
Hadron allows countries and companies to buy baskets of commodities and other real-backed assets.
It will also include a “basket-collateralized product” against which digital asset tokens can be issued.
2024/11/15 12:38 KST
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