Odaily Planet Daily News: Tether announced the integration of compliance and monitoring tools from blockchain data platform Chainalysis into its asset tokenization platform Hadron. This integration provides Hadron with institutional level risk detection, real-time transaction monitoring, and comprehensive Know Your Trade (KYT) support, aimed at ensuring that platform users comply with global regulatory standards from the outset. Hadron primarily targets institutions, businesses, and governments, supporting the issuance and management of assets such as stablecoins, bonds, funds, and commodity backed tokens on multiple blockchains. This upgrade also includes ecosystem level transaction monitoring, integrated Know Your Customer (KYC) and KYT frameworks, and API interfaces for seamless integration of enterprise systems.
Tether CEO Paolo Ardoino stated that this move marks Hadron's efforts to build a compliant, secure, and scalable asset tokenization platform. Jonathan Levin, co-founder and CEO of Chainalysis, also pointed out that this collaboration will provide compliance based digital asset solutions for institutions and organizations. As of now, Tether has collaborated with 255 law enforcement agencies in 55 countries worldwide to assist in freezing over $2.7 billion in illegal assets.
