Tether has announced the launch of the Hadron platform. According to the announcement, the solution is designed to simplify the tokenization of various assets, including stocks, bonds, stablecoins, and more. The platform aims to combine the company's decade-long experience in blockchain technology and expand opportunities for issuing, investing in, and managing tokenized assets.
What is Known
The statement reveals that Hadron provides a user-friendly interface for issuing and managing digital tokens throughout their lifecycle, with a focus on security, modularity, and compliance with all necessary standards. Key features include:
- Support for KYC, AML, and risk management
- Monitoring of secondary markets, including blockchains and centralized exchanges (CEX)
- Modular token management, including minting and burning functionality
Additionally, the platform ensures that users retain full control over their tokens.
Variety of Tokenized Products and Blockchain Support
The platform also supports the tokenization of various assets, ranging from standard stablecoins to bonds. Experts suggest this functionality could create new funding opportunities for both businesses and governments.
Hadron is compatible with multiple blockchains that support smart contracts, including Layer 2 solutions for Bitcoin, such as Blockstream's Liquid. The use of cryptography and multi-signature features promises a high level of token security.
“We believe Hadron by Tether will significantly improve the financial industry. By leveraging all Tether’s technology – which today has already secured 125 billion dollars – we’re making asset tokenization easier, secure and scalable. Our goal is to create new opportunities for businesses and governments, while also making the digital asset space more accessible and transparent,” said Paolo Ardoino, CEO of Tether.
The platform is available for testing via the provided link.