Altcoins News

Story: Tether Aims to Raise $200 Million for Tokenized Gold Treasury Expansion

By Dan Saada

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Partnership Between Tether and Antalpha. Tether and Antalpha, a platform closely linked to crypto mining giant Bitmain, are working…

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Creating a Tokenized Gold Treasury. The plan is to establish a treasury company that will hold tokenized gold while providing…

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Leveraging Growing Gold Demand. The timing of this expansion coincides with a surge in gold demand, which has risen 46% this year…

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Broader Ambitions for Tether. While raising $200 million for XAUt, Tether is also seeking to raise up to $20 billion for its…

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Expanding Tokenized Asset Services. Antalpha plans to offer collateralized lending against XAUt, giving investors additional ways to…

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Rising Competition and Industry Trends. The $200 million fundraise comes at a time when digital-asset treasuries are rapidly increasing in…

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Future Outlook for Tokenized Gold. Tether’s expansion into tokenized gold underscores the growing convergence of traditional finance…

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Tether, the issuer of the well-known USDT stablecoin, is seeking $200 million from investors to expand its tokenized gold offerings through a collaboration with Antalpha.

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Tether and Antalpha, a platform closely linked to crypto mining giant Bitmain, are working together to raise $200 million to create a digital-asset treasury company.

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This initiative extends the companies’ previous collaboration on Tether Gold, which launched in 2020.

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The plan is to establish a treasury company that will hold tokenized gold while providing investors with exposure to digital gold. Sources confirm that Cohen & Co.

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Antalpha also announced plans to expand physical vaults in major financial centers. These vaults will allow XAUt holders to swap digital tokens for actual gold bars, adding an…

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The timing of this expansion coincides with a surge in gold demand, which has risen 46% this year amid concerns about inflation and global political tensions.

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By offering digital gold with a physical backing, Tether aims to combine the advantages of blockchain-based trading—speed, transparency, and accessibility—with the traditional…

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This strategy aligns with the growing trend of digital-asset treasury companies, which aim to tokenize real-world assets and provide investors with innovative financial…

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