Tether Plans New Treasury Firm to Accumulate Gold-Backed XAUT Token
Tether and Antalpha are reportedly working to raise at least $200 million to form a digital-asset treasury company. That will accumulate Tether Gold (XAUT) as its principal holding.
XAUT is a token backed by physical gold, currently carrying a market cap of around $1.5 billion. Under the proposal, Antalpha would build physical vaults across major financial centers to allow XAUT holders to redeem tokens for actual gold bars locally. The company also plans to expand access to XAUT through services like collateralized lending. The move reflects an ambition to deeply integrate digital gold into capital markets, bridging tokenized assets with traditional gold infrastructure.
Clever Robot News Desk 7th October 2025
