Tether, a crypto company, launched a new platform called Hadron on November 14, which aims to help institutions, corporations, fund managers, and governments tokenize assets. The platform will allow clients to turn assets like stocks, bonds, stablecoins, and loyalty points into digital representations on the blockchain.
Tether CEO Paolo Ardoino said that Hadron makes asset tokenization easier, secure, and scalable, creating new opportunities for businesses and governments while making the digital asset space more accessible and transparent. Unlike the traditional finance ecosystem, which creates closed ecosystems, Hadron aims to build an inclusive future.
Hadron will not focus on creating fiat-backed stablecoins, but will offer issuers complete control over token life cycles, such as issuance, burn mechanisms, and more. Hadron will be available on multiple smart-contract-enabled blockchains, including Bitcoin layer-2 solutions, such as Blockstream’s Liquid.
