Stablecoin giant Tether has officially launched Hadron, a platform for tokenizing real and digital assets, amid the explosion of blockchain applications in traditional finance. Hadron allows users to convert assets such as stocks, bonds, stablecoins, and rewards points into digital tokens that can be traded on the blockchain.
What is real asset tokenization?
Asset tokenization is the process of converting ownership of physical or digital assets into digital tokens on the blockchain. These tokens can represent part or all of the asset, making it easier to trade, increasing transparency, liquidity, and accessibility.
Hadron is designed to make it easy for both individuals and organizations to participate in the tokenization process, from issuance to lifecycle management of these tokens.
What does Hadron bring?
The Hadron platform supports a wide range of assets, including:
Digital securities: stocks, bonds, and investment funds.
Stablecoin: pegged to fiat currency or commodity.
Tethered Assets: over-collateralized assets, with high liquidity and price stability.
In addition, Hadron also fully integrates legal compliance measures, such as KYC (know your customer) and AML (anti-money laundering).
Market context
Hadron’s launch comes amid a surge in real-world asset (RWA) tokenization. RWA’s total value locked (TVL) has reached $6.5 billion, up about 12% year-over-year, according to data from DeFiLlama.
Many other blockchain projects are also entering this market, such as:
Midas: Launching tokenized investment products.
Elmnts: Tokenization of investment funds based on mineral rights.
Ondo Finance: Using tokenized money market funds from BlackRock.
What does Tether say about Hadron?
Tether CEO Paolo Ardoino asserts that Hadron will make decentralized finance (DeFi) more accessible to more people:
“By leveraging the technology that has powered over $125 billion of Tether, we are making tokenization easier, more secure, and more scalable than ever before.”
Conclude
Hadron is a strategic move by Tether to capitalize on the growing trend of asset tokenization. The platform not only opens the door for traditional investors to enter the blockchain market, but also affirms Tether's position in the decentralized finance (DeFi) sector. Tokenization of real assets promises to revolutionize the way we trade and invest in the future.