On November 14, Tether announced the launch of Hadron, an asset tokenization platform aimed at servicing institutions and corporations.
Launch of the New Platform
Tether introduced Hadron, an asset tokenization platform for institutions and corporations. According to Tether, Hadron provides asset tokenization features for stocks, bonds, and stablecoins within a secure regulatory framework.
Range of Products
Hadron offers clients control over the token life cycles and compliance tools like KYC and AML. The platform supports multiple smart contracts and blockchain solutions, including Bitcoin layer-2.
Tether's Strategic Initiatives
Hadron is part of Tether's broader strategy to expand its offerings across various financial industry segments. Previously, Tether used its stablecoins to fund deals and announced tools for creating BTC and USDT wallets.
The launch of Hadron signifies Tether's intent to strengthen its position in the asset tokenization industry by offering new opportunities for businesses and governments.
