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Tether deepens metals exposure with $150 million investment in Gold.com

The Block
Tether invested $150 million in Gold.com to strategically bridge physical precious metals with digital finance.

Summary

Stablecoin issuer Tether is increasing its exposure to gold through a $150 million strategic investment in Gold.com, Inc. The deal involves an initial purchase of $125 million in common shares, with an additional $25 million contingent on regulatory approval, granting Tether the right to nominate a board member at Gold.com. This partnership aims to create a vertically integrated gold ecosystem by combining Gold.com’s end-to-end gold infrastructure with Tether’s global stablecoin platform. Tether, the largest stablecoin issuer, already holds significant gold reserves (nearly 140 tons) and issues Tether Gold (XAU₮), which dominates the gold stablecoin market. Gold.com CEO Greg Roberts stated the investment validates their strategy to lead in physical bullion and expand into digital gold offerings.

(Source:The Block)