Tether unveils acquisition of strategic stake in Elemental Altus Royalties
#Tether acquired a substantial stake in #ElementalAltusRoyalties , a gold-focused royalty company that invests in royalties and streams on gold and copper projects operated by established mining companies. Tether Investments has acquired 78,421,780 common shares of Elemental from La Mancha Investments S.à.r.l., representing roughly 31.9% of Elemental’s total issued and outstanding shares.
👉 tether.io/news/tether-acquires-strategic-stake-in-elemental-altus-to-deepen-push-into-gold-and-hard-asset-backed-financial-infrastructure/