While the Samsung T7 filesystem is technically accessible to your iPad when correctly formatted - the difficulty that you will encounter with the T7 is with the "Touch" fingerprint reader that is not directly supported by iPadOS.
If you disable the T7's fingerprint reader while it is connected to a Windows PC or Mac computer, the T7 should then work without issue with your iPad.
When used with a Windows PC or Mac, the appropriate device-driver and configuration software for the T7 can be installed; the T7 can then be configured and its Touch security managed from the host computer.
By contrast, iOS/iPadOS does not support direct installation of third-party device driver software. The only supported method to install third-party device driver software is via a manufacturer-supplied App. As Samsung does not provide an App to manage the T7 on iPad, its proprietary touch security cannot be configured by the iPad.
You should note that Samsung's product specifications and associated literature do not state or imply any compatibility with Apple iOS/iPadOS.