Tether Partners KraneShares and Bitfinex Securities to Advance Tokenized Securities

The stablecoin issuing giant Tether has announced a partnership with two entities to foster the advancement of the tokenized securities sector. The firm’s asset tokenization division, Hadron by Tether, will spearhead the collaboration. The companies involved include the tokenized securities platform Bitfinex Securities and the asset manager KraneShares.

According to a press release sent to CryptoPotato, the alliance between the trio will merge the regulatory foundation, infrastructure, and market expertise required to tokenize assets on-chain. The goal is to accelerate the development and adoption of tokenized securities by connecting traditional financial products with blockchain networks.