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Tether launches new platform Hadron to simplify the tokenization process of various assets
Tether, the company that issues the U.S. dollar stablecoin USDT, announced on Thursday the launch of an asset tokenization platform, Hadron by Tether, with the goal of simplifying the tokenization of assets ranging from stocks to bonds, stablecoins, loyalty points, and more.
According to the press release, Hadron by Tether aims to provide multiple asset types, including common tokenization products such as fiat-pegged or commodity-backed stablecoins, as well as more complex solutions such as digital asset-backed tokens, to provide national and providing businesses with powerful new tools that unlock alternative financing and capital markets opportunities. Tether told (The Block) in an interview: "Even land, precious art or jewelry (such as watches and other luxury goods) can be tokenized."
According to the press release, Hadron by Tether aims to provide multiple asset types, including common tokenization products such as fiat-pegged or commodity-backed stablecoins, as well as more complex solutions such as digital asset-backed tokens, to provide national and providing businesses with powerful new tools that unlock alternative financing and capital markets opportunities. Tether told (The Block) in an interview: "Even land, precious art or jewelry (such as watches and other luxury goods) can be tokenized."
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