Tether (CRYPTO:USDT) announces the imminent release of a new tokenisation platform designed to expand its presence in the cryptocurrency market.

Paolo Ardoino, CEO of Tether, revealed on social media that the platform would be white-label, multi-chain, and non-custodial, providing flexibility for various asset tokenisation needs.

This move aims to democratise access to tokenisation, potentially benefiting small and medium-sized enterprises seeking to tokenise assets like bonds, stocks, or reward points.

Ardoino also hinted at a connection between this platform and Bitfinex Securities, citing the latter's expertise in digital securities operations and its recent involvement in tokenised debt issuance for infrastructure development in El Salvador.