Tether Launches Real Estate Tokenization Project in Saudi Arabia
2026-08-07 03:09:20
According to CoinMeta, Tether announced the launch of its first institutional real estate tokenization project in Saudi Arabia, utilizing its Hadron platform for asset management and tracking. The project is supported by First Advanced Data, for, Artificial Intelligence LLC, and financial technology company BKN301, with the aim of converting traditional real estate assets into digital tokens on the blockchain. Tether CEO Paolo Ardoino stated that Saudi Arabia is becoming a promising market for blockchain finance, and real estate tokenization will make global assets more liquid, accessible, secure, and scalable. The project also supports Saudi Arabia's 2030 Vision, which aims to modernize the financial market and attract more global investment.
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Source：Coinpedia
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