Tether teams up with Bitfinex Securities to advance tokenized capital markets
Stablecoin giant Tether is joining forces with asset management firm KraneShares and tokenized securities platform Bitfinex Securities to accelerate the adoption of tokenized securities across global markets.
- Tether, KraneShares and Bitfinex have announced a strategic partnership to bolster asset tokenization.
- Hadron by Tether will leverage its platform and that of its partners to accelerate adoption of real-world assets in capital markets.
- Onchain data shows global value of tokenized assets on the blockchain is over $35 billion.
Tether’s asset tokenization platform, Hadron by Tether, announced its collaboration with KraneShares and Bitfinex Securities on Nov. 6.
A strategic partnership between the industry players comes as experts project an explosion in the tokenized assets market.
In particular, tokenized securities, a sector that currently touches $30 billion, is expected to explode to nearly $10 trillion by 2030.
Why are Tether, KraneShares and Bitfinex teaming up?
Tether, issuer of global stablecoin USDT (USDT), wants to tap into the combined benefit of infrastructure, regulatory foundation, and market expertise to drive the next phase of adoption.
KraneShares, notable for its market traction in spot exchange-traded funds, will collaborate with Hadron and Bitfinex Securities to advance this initiative.
The platforms plan to bring tokenized exchange-traded products to more investors.
“This collaboration reflects Tether and Bitfinex Securities’ commitment to supporting the evolution of capital markets,” said Paolo Ardoino, chief executive officer of Tether. “Working with KraneShares enables us to connect traditional investment products with next-generation financial infrastructure.”
Tether’s technology and infrastructure will help scale assets for widespread adoption, while Bitfinex Securities provides regulatory and operational capabilities. Bitfinex Securities, regulated in El Salvador, will leverage its licensed platform to support access to secondary trading liquidity.
Meanwhile, KraneShares plans to bring its deep ETF expertise and global distribution channels onboard.
The partners will use these features to assess institutional demand and tokenized products, all with an eye on advancing integration of real-world assets.
“More than $700 trillion in global financial assets exist today, with over $10 trillion expected to be tokenised by 2030. We are building the infrastructure that will connect those markets to a more efficient and accessible future,” said Gabor Gurbacs, chief executive officer of Hadron by Tether.
RWA value onchain
This expansion, buoyed by industry giants like BlackRock, Fidelity and Franklin Templeton, has seen more and more real world assets come onchain.
According to RWA.xyz, the global tokenized assets market is currently at over $35 billion, a significant growth from figures at the start of 2024.
The onchain RWA value is on multiple blockchains, including Ethereum, Stellar, Solana and XRP Ledger.
