Tether Invests $150 Million in Gold.com to Expand Global Channels for Tokenized Gold Access

BlockBeats News, February 6th, according to official sources, Tether Investments today announced a strategic investment in Gold.com, acquiring a minority stake, and establishing a long-term partnership to expand gold's access in digital and traditional distribution channels.

As part of the investment, Tether acquired approximately 12% of Gold.com for $150 million and established a partnership to integrate Tether's gold-backed digital asset XAUT into the Gold.com platform, and to drive broader global distribution partnerships.

The two parties are also exploring the possibility of purchasing physical gold through cryptocurrencies (such as the world's largest stablecoin USDT and the newly launched, U.S. regulated dollar-backed stablecoin USAT), but are considering regulatory, technical, and business factors.