tether gold royalty investment

Key Points:* Key Point 1

• Key Point 2
• Key Point 3 Tether has acquired approximately 31.9% of shares in Elemental Altus, a Canadian gold royalty company, amounting to 78,421,780 common shares. The purchase signifies a strategic move aligned with Tether’s plan to deepen its financial infrastructure backed by hard assets.

This acquisition underscores Tether’s broader intent to fortify its stablecoins with gold and Bitcoin, enhancing stability and transparency. Market observers are watching the deal closely, given its implications for the cryptocurrency asset landscape.

Gold and Bitcoin Strengthen Tether’s Financial Backbone

The acquisition of 31.9% in Elemental Altus Royalties by Tether Investments is part of a strategic move aligned with their hard asset-backed financial products vision. This purchase, structured through an off-market block trade, includes an option to acquire further shares in 2025. Paolo Ardoino, Tether CEO, emphasized this initiative as a step towards enhancing the transparency and resilience of their financial system through hard asset support like gold and Bitcoin.

Immediate implications include stronger backing for Tether’s gold-backed token, XAUT, and potentially increased market credibility. Currently, Tether holds over 100,000 Bitcoins and almost 80 tons of gold, reinforcing its commitment to a more resilient stablecoin system. Such acquisitions are expected to have ripple effects on how cryptocurrency entities structure their reserves.

This strategic acquisition demonstrates Tether’s ongoing commitment to anchoring its stablecoin reserves in tangible assets, especially gold, potentially enhancing stability and transparency for the broader stablecoin ecosystem,” said Paolo Ardoino, CEO, Tether.

Market reactions have yet to be fully realized, but Paolo Ardoino’s remarks have set the tone for expected perceptions. The emphasis on hard asset support comes at a time when cryptocurrency markets face scrutiny over reserve transparency. Observers will be closely monitoring responses from industry players and institutional investors regarding this novel approach in enhancing stablecoin reserve backing.

Tether Gold (XAUt) Market Performance

Did you know? Strategic investments in gold have been escalating among crypto firms, demonstrating a growing preference for hard assets to reinforce digital currency reserve credibility.

Tether Gold (XAUt), listed at $3,369.60 with a market cap of $830.69 million, saw a 12.22% rise over 90 days. The token’s enhanced backing by acquisitions like that of Elemental Altus may improve its market position. According to CoinMarketCap, the circulating supply is 246,524 XAUt, showing robust trading activity with a 24-hour volume of $27.09 million, up 85.22%.

Tether Gold(XAUt), daily chart, screenshot on CoinMarketCap at 10:27 UTC on June 12, 2025. Source: CoinMarketCap Analysts from Coincu suggest that Tether’s expansion into hard assets might prompt regulatory interest and institutional adoption. This strategic focus may also drive technological advancement in asset-backed digital currency, as firms pursue credible and flexible financial products amidst evolving market landscapes.

| | | --- | | DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |