CoinDesk·3 min read·medium
Tether expands tokenization business into Saudi Arabia, starting with real estate
K
Krisztian Sandor
✦AI Summary
Tether is expanding its Hadron tokenization platform into Saudi Arabia to manage real estate assets for institutional investors. This initiative, supported by local partners, aligns with the kingdom's Vision 2030 strategy to integrate blockchain technology into its financial and economic sectors.
The company said Thursday that its tokenization platform, dubbed Hadron, will provide the technology to issue and manage tokenized real estate assets for institutional investors in the country. Tether is teaming up with Saudi partners First Data and fintech company BKN301 on the effort.
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