Tether Teams Up with Nairobi Securities Exchange to Explore Tokenized Securities

Tether has signed a memorandum of understanding with the Nairobi Securities Exchange (NSE) to explore tokenized securities and blockchain-based market infrastructure.

The agreement outlines plans to develop blockchain-based market infrastructure, digital asset education, and real-world asset tokenization using Tether's Hadron platform.

The parties will also assess instant settlement mechanisms and the potential use of USDT as a settlement layer, subject to Kenyan regulations.

Tether said that the memorandum calls for exploring ways to issue and trade tokenized securities using its Hadron platform.