Tether’s Hadron partners with RedStone to enable same-day settlement

Tether’s asset tokenization platform Hadron by Tether is partnering with on-chain financial data infrastructure firm RedStone to strengthen pricing and settlement infrastructure for tokenized assets, Crypto Briefing reported. Tether said asset issuers using Hadron will gain access to RedStone’s price data feeds, net asset value data, and its settlement solution, 'RedStone Settle.' The core of the partnership is support for T+0 settlement through RedStone Settle, meaning both assets and cash are settled on the same day a trade takes place. Tether added the feature will be available only for eligible tokenized assets and did not disclose specific assets covered.