Tether Enters Gold Market with $89M Stake in Canadian Royalty Firm

🟡Tether Makes Bold Move into Gold with $89M Stake in Canadian Firm

Stablecoin giant Tether has acquired a 31.9% stake in Elemental Altus Royalties Corp, a Canadian gold royalty company, via its investment arm — purchasing shares at CAD $1.55 each, totaling $89.2 million.

This strategic acquisition gives Tether diversified exposure to the global gold industry through royalty streams — without taking on direct mining risks.

🔒 Expansion Potential

Tether has also secured options to boost its stake to 47.7% by investing an additional $38.7 million after October 2025.

💬 Tether CEO Paolo Ardoino stated that the investment fortifies the backing of Tether Gold (XAU₮) and supports the creation of “financial infrastructure for the next century.”

📈 Strong Reserves

Tether’s portfolio now includes:

Over 100,000 BTC (≈ $10.7 billion)

Nearly 80 tons of physical gold

📊 Elemental shares have surged 34.2% year-to-date, as its precious metals royalty model continues attracting institutional interest from the crypto world.

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