- Hadron by Tether partners with RedStone to expand pricing and liquidity infrastructure for tokenized assets.
- Hadron issuers gain access to RedStone NAV feeds and pricing data to boost RWA liquidity.
- RedStone Settle enables same-day (T+0) swaps for eligible tokenized assets.
Tether is growing its real-world asset (RWA) tokenization infrastructure through a new collaboration between Hadron by Tether and RedStone, a blockchain data provider.
Announced November 5, the partnership gives issuers on Hadron (an RWA tokenization platform) access to pricing data, net asset value (NAV) feeds, and settlement services, all meant to improve liquidity for tokenized assets.
Price feeds give on-chain apps up-to-date market values, and NAV feeds help work out what funds and other investment products are worth.
This partnership introduces RedStone Settle, a feature that lets traders cash out or swap eligible tokenized assets on the same day (T+0). It works through a quick bidding process run by approved liquidity providers, where the highest bidder takes control of the token position and then handles the final payout through the asset’s normal redemption process.
Follow us on X for real-time crypto updates.
Why the Partnership Matters for RWA Tokenization
Hadron by Tether gives issuers the tools to create and manage tokens backed by commodities, stocks, government debt, corporate bonds, funds, stablecoins, and loyalty points. However, issuing a token is only one part of building a functioning market.
Investors and financial apps need reliable prices and quick ways to buy and sell their tokens. Without accurate price tags, it’s hard to use tokenized assets as collateral to get a loan.
Additionally, without enough active buyers and sellers, these tokens become nothing more than digital receipts for assets that are still impossible to trade.
RedStone’s tech is already in use across DeFi and institutional tokenization projects. Its docs point to integrations with BlackRock’s BUIDL, Apollo’s ACRED, and Hamilton Lane’s SCOPE.
Tether Expands Its Tokenization Strategy
The RedStone collaboration fits into Tether’s recent larger effort to bring RWAs onto blockchain for big institutions.
Back in August, Hadron teamed up with First Data and BKN301 to look into tokenizing real estate in Saudi Arabia. Then in October, Tether signed an agreement with Kazakhstan’s central bank to explore stablecoins and RWA tokenization.
Subscribe to our YouTube channel for the latest crypto news.
Related: Tether Gold Reserves Surge 59% as Physical Bullion Holdings Hit $3.44B
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.