PANews reported on February 6th that, according to Coindesk, Tether has acquired a minority stake in Gold.com (GOLD) for $150 million, giving it a 12% ownershipPANews reported on February 6th that, according to Coindesk, Tether has acquired a minority stake in Gold.com (GOLD) for $150 million, giving it a 12% ownership
Tether has invested $150 million to acquire a 12% stake in Gold.com, expanding the issuance of its gold token XAUT.
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PANews reported on February 6th that, according to Coindesk, Tether has acquired a minority stake in Gold.com (GOLD) for $150 million, giving it a 12% ownership. This further strengthens its presence in the gold market. Gold.com is a platform that offers trading in physical and tokenized gold. As part of the partnership, Tether will integrate its gold-backed token, XAUT, into Gold.com's infrastructure.
Previously , Tether announced a $100 million strategic equity investment in Anchorage Digital.
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