Tether, the issuer of USDT, and Antalpha Platform Holding plan to raise up to $200 million to launch a new venture that will manage an XAUT-based treasury. Bloomberg reports this with reference to its sources. According to the publication, the new company is expected to be public. The sources also said that Cohen & Co. […] Сообщение Tether and Antalpha Plan to Raise $200 Million to Launch a Company to Manage the XAUT Reserve появились сначала на INCRYPTED.Tether, the issuer of USDT, and Antalpha Platform Holding plan to raise up to $200 million to launch a new venture that will manage an XAUT-based treasury. Bloomberg reports this with reference to its sources. According to the publication, the new company is expected to be public. The sources also said that Cohen & Co. […] Сообщение Tether and Antalpha Plan to Raise $200 Million to Launch a Company to Manage the XAUT Reserve появились сначала на INCRYPTED.
Tether and Antalpha Plan to Raise $200 Million to Launch a Company to Manage the XAUT Reserve
- According to Bloomberg, Tether and Antalpha are planning to launch a crypto asset treasury management company (DAT).
- The firm will accumulate XAUT, a stablecoin pegged to gold.
- The initial investment volume may be up to $200 million.
Tether, the issuer of USDT, and Antalpha Platform Holding plan to raise up to $200 million to launch a new venture that will manage an XAUT-based treasury. Bloomberg reports this with reference to its sources.
According to the publication, the new company is expected to be public. The sources also said that Cohen & Co. is acting as a consultant in the project.
At the time of writing, it is not known at what stage the negotiations are at. The parties refrained from commenting after Bloomberg’s request.
However, it is known that at the end of September 2025, Tether and Antalpha expanded their cooperation. In particular, this includes the possibility of buying and storing XAUT on the Antalpha RWA Hub.
In May 2025, Antalpha held an initial public offering (IPO). As part of it, Tether acquired 1.9 million shares in the company, which corresponds to a stake of 8.1%.
XAUT is a stablecoin pegged to gold. Each token is backed by one troy ounce of the precious metal. At the end of April 2025, Tether announced that it was holding more than 7 tons of real gold as an asset reserve.
Market Opportunity
Tether Gold Price(XAUT)
$4,992.62
$4,992.62$4,992.62
USD
Tether Gold (XAUT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
The Channel Factories We’ve Been Waiting For
The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush. Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs. Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
Zwitserse bankgigant UBS wil crypto beleggen mogelijk maken
De grootste vermogensbeheerder ter wereld, UBS, maakt zich op om een stap te zetten richting crypto. Volgens bronnen binnen de bank kijkt het Zwitserse concern
Share
Coinstats2026/01/24 02:48
Trump Nears Decision on New Federal Reserve Chair
The post Trump Nears Decision on New Federal Reserve Chair appeared on BitcoinEthereumNews.com. Key Points: Trump nears decision on Federal Reserve Chair, evaluating
Share
BitcoinEthereumNews2026/01/24 02:53