Tether Invests $150M in Gold.com to Expand Tokenized Gold (XAUT) Access

Stablecoin giant Tether has made a major strategic move into the tokenized commodities sector by acquiring a significant $150 million stake in the domain and platform Gold.com. This investment is aimed at accelerating the distribution and adoption of Tether Gold (XAUT), a digital asset backed by physical gold. The partnership with Gold.com, a leading online destination for precious metals, will leverage its established market presence to enhance the visibility and accessibility of XAUT. This step underscores Tether's commitment to bridging traditional finance with the digital asset ecosystem, offering investors a stable, gold-pegged alternative within the cryptocurrency market. The collaboration is expected to streamline the process for users to buy, sell, and manage tokenized gold, further solidifying Tether's position beyond USD-pegged stablecoins.