Tether would seek to expand his investment in gold, including mining raid

By Hannah Pérez

Tether would be in conversations to get involved in the mining, refinery and trade of gold, FT reports. He also wants to expand his investment in the Canadian gold company, elementary.

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• Tether would be in conversations to get involved in mining, refinery and gold trade.
• A Financial Times report advanced the efforts of the USDT station.
• Meanwhile, a separate report adds that it wants to expand its investment in gold, elementary company.
• Paolo Ardoino has already called the “natural bitcoin” to gold and the company maintains tons of metal.

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Tetherthe company behind the major Stablecoin The world, USDT, is intensifying its foray into the gold market, exploring from mining to royalties, according to recent reports.

According to a report from Financial Times This Friday, which cites people familiar with the matter, Tether has held conversations with mining and investment groups To get involved throughout the gold supply chain, from mining and refining to trade and royalty companies.

The Stablecoins station would have filed conversations with Terranova Resourcesa mining investment vehicle based in the British Virgin Islands, although these did not culminate in an agreement, according to the report. Financial Times He also said that an executive of the raw material industry referred to Tether as “The strangest company I have treated.”

With this strategic movement the company possibly seeks to diversify its investments taking advantage of its large cryptocurrency profits to strengthen its investments in the value reserve par excellence traditionally; especially at a time when macroeconomic uncertainty helps inflate the price of precious metal.

Tether and his commitment to gold

Tetherknown for issuing and operating USDT, –A token linked to the dollar with a current market capitalization of USD $ 168 billion–has previously invested in gold. Its CEO, Paolo Ardoino, revealed in July that the company stores almost 80 gold metric tons in a private vault in Switzerland, with an estimated value of USD $ 8,000 million.

Part of these reserves are used as support for your Token Xaut, linked to gold, which has a capitalization of 880 million dollars. But it’s not all. Tether He has also taken concrete steps to consolidate his presence in the gold sector.

In June, Tether Investmentsthe branch responsible for investing the company’s profits, acquired a minority participation in Elementary Altus Royaltiesa Canadian company specialized in mining royalties, for an amount of 89 million dollars.

Now, Bloomberg He has reported that Tether plans to increase your participation in Elementary With an additional investment of approximately 100 million dollars, consolidating its position as a majority shareholder with 37.8% of the company.

The interest of Tether In gold it coincides with a significant increase in the price of metal, which reached a historical maximum of $ 3,600 per ounce this week, almost doubling its value in the last two years. This boom, driven by geopolitical tensions, has attracted all kinds of investors, including those of cryptocurrencies that see in gold a sure shelter similar to Bitcoin.

Ardoino has described precious metal as “natural bitcoin”, Highlighting the affinity between gold and cryptocurrencies and stating that precious metal is a safe refuge against sovereign coins and a complement to Bitcoin.

Tetherwhich reported a record gain of USD $ 4.9 billion in the second quarter of 2025, also maintains Bitcoin In its strategic reserve and has been expanding and diversifying its business in recent years towards various sectors that cover from artificial intelligence (AI), biotechnology, renewable energy, mining Bitcoineven entertainment and cinema.

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Article written with the help of AI, edited by Diariobitcoin

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