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Tether, KraneShares and Bitfinex Securities Form Global Tokenized Securities Partnership

Tether, KraneShares and Bitfinex Securities Form Global Tokenized Securities Partnership

Tether, KraneShares, and Bitfinex Securities announced a strategic collaboration, leveraging El Salvador’s regulatory framework to advance tokenized securities and blockchain-based ETFs globally.

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Fact Check
The statement is definitively confirmed by the provided primary sources. The most authoritative source is an official press release from Tether's own website, which explicitly announces a 'strategic agreement with KraneShares and Bitfinex Securities' for the purpose of advancing 'tokenized capital markets.' This direct confirmation from one of the involved parties is the strongest possible evidence. This announcement is further corroborated by a reputable cryptocurrency news outlet, CoinDesk, which reports on the 'alliance to develop tokenized investment products' among the three entities. The existence of a French-language version of the same article indicates the news is widely distributed. All sources are consistent, directly support the claim, and have high authority, leaving no room for doubt about the partnership's existence.
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Summary

Tether announced on Nov. 6 an official strategic partnership with KraneShares and Bitfinex Securities to advance tokenized securities. Tether’s Hadron division will supply tokenization technology, Bitfinex Securities will operate under El Salvador’s regulatory approval, and KraneShares will provide asset management expertise. The initiative aims to develop blockchain-based ETFs and other regulated tokenized investment products, supporting faster settlement and wider accessibility in global markets.

Terms & Concepts
  • Tokenized securities: Traditional financial assets represented on a blockchain, enabling digital trading and fractional ownership.
  • ETF: An exchange-traded fund offering exposure to a basket of assets, traded on stock exchanges like individual stocks.
  • Tokenization technology: Systems and protocols that convert real-world or traditional financial assets into digital tokens on a blockchain.