Tether expands tokenisation push in Kenya

• Tether has signed a deal with the Nairobi Securities Exchange to explore asset tokenisation.
• The partners will study how blockchain can improve Kenya's capital markets.
• The move expands Tether's push beyond stablecoins into digital financial infrastructure.

Tether has signed a memorandum of understanding with the Nairobi Securities Exchange to explore the tokenisation of financial assets.

The partnership will examine how blockchain technology can improve trading, settlement and access to Kenya's capital markets.

The two organisations will also explore education, innovation and regulatory engagement to support the adoption of tokenised assets.

Tokenisation converts ownership of real-world assets into digital tokens that can be traded on a blockchain.

Kenya has become one of Africa's leading markets for digital finance, with growing interest in blockchain technology.

The agreement marks another step in Tether's strategy to work with financial institutions on blockchain-based market infrastructure.