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Tether invests $150 million to acquire a 12% stake in Gold.com to expand the issuance of gold token XAUT
PANews February 6 News, according to Coindesk, Tether has invested $150 million to acquire a minority stake in Gold.com (GOLD), holding 12% of Gold.com. This further deepens its presence in the gold market. Gold.com is a platform that offers physical gold and tokenized gold trading. As part of the partnership, Tether will integrate its gold-backed token XAUT into Gold.com’s infrastructure. Earlier reports stated that Tether announced a $100 million strategic equity investment in Anchorage Digital.