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Tether’s Hadron, KraneShares and Bitfinex Securities Team Up on Tokenized ETFs

The companies will run a pilot to gauge institutional demand for tokenized exchange-traded products.

Overview

  • Hadron will provide the tokenization technology, while Bitfinex Securities will offer a trading venue licensed in El Salvador.
  • KraneShares’ CEO said the firm aims to move to fully tokenized offerings within three to four years.
  • The partnership will test institutional appetite and design the legal and operational frameworks needed for issuance and secondary trading.
  • No consumer products have been announced as the work focuses on technical integration, regulatory clearances and market testing.
  • Coverage notes a tokenized assets market of roughly $30 billion today with projections for sharp growth, including faster settlement and wallet-based access that could expand distribution in emerging markets.